The Case-Shiller home price index seems to indicate otherwise recently: https://www.spglobal.com/spdji/en/indices/indicators/sp-corelogic-case-shiller-20-city-

The Case-Shiller home price index seems to indicate otherwise recently: https://www.spglobal.com/spdji/en/indices/indicators/sp-corelogic-case-shiller-20-city-composite-home-price-nsa-index/#overview https://www.spglobal.com/spdji/en/indices/indicators/sp-core... If the bottom of the housing market experiences a drop in sales, then the result would be that the median price would indeed appear to continue increasing for some time unless you are matching past sales to present sales using comparable houses. Maybe that is what's happening here?