The Case-Shiller US Home Price Index is up 52% since January 2020. That's great news for anyone who owns a home. But it's onerous for anyone who wants to buy. The typical mortgage cost is basically double now versus 2020. And that $330,000 home price in 2020 is now ~$500k. Home prices have cooled a bit this spring. Many sellers are reducing prices a bit and offering incentives. But it's barely moving the needle on the big picture of the past 5 years.