It's mostly driven by real demand. I just bought a house and the market was absolutely insane. It seems like everyone is trying to buy right now. Every house I

It's mostly driven by real demand. I just bought a house and the market was absolutely insane. It seems like everyone is trying to buy right now. Every house I looked at had multiple offers the day of the listing. I'm sure speculators have an impact in some markets but that's not what I saw here. Until supply increases or demand drops these prices aren't going anywhere but up.