Is the Real Estate Market Balancing? | November 2022 Market Update

For the second straight month home prices did not go down. In fact the average home price was up by about a thousand dollars. Are we seeing a balanced real estate market now?

Home prices are actually flat from what they were the month before. That marks two months in a row where prices didn't go down or up they just stayed kind of relatively balanced. On top of that, home prices are basically back to where they were a year ago.