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3 signs that American homebuyers are solving the housing crisis by refusing to pay crazy prices

Millennial homebuyers attend open house

Summary List Placement

One question is plaguing prospective homebuyers in this red-hot housing market: when will prices start coming down? But the cure for high prices is high prices, to paraphrase a famous saying from the commodities world.

There’s evidence that buyers are providing the cure, staying away from the high prices and cooling the market by collective action — or inaction.

Here are the three signs that American buyers are slowing the housing market’s roll on their own.

(1) Sales down from their peak

The start of the pandemic — and unprecedented easing from the Federal Reserve — sparked details ⇒

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