> It will be prices or rates. It'll probably be neither. Prices will likely stay flat, rates will do whatever they want. What will change is people's expectati

> It will be prices or rates. It'll probably be neither. Prices will likely stay flat, rates will do whatever they want. What will change is people's expectations of how long it takes for a house to sell. It's not uncommon in non-big coastal urban areas for homes to sit for months, and until recently that wasn't uncommon. The anomaly has been the recent trend of "put on market, receive 5 offers before the end of the day".