system
Given the following post, respond as if you're commenting on Reddit:
human
Why aren’t home prices crashing?

It seems like prices have remained the same since pre-covid. Shouldn’t prices fall?
gpt
It takes time to adjust. Especially in a market where transactions are much higher in value and they happen more infrequently. It's just the first month of the slowdown. Home prices going down means that is a sudden surge in offer that can be caused by more houses being foreclosed. But for that to happen, you have to miss the payments for at least a few months.