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Ask people about how real estate was affected by the COVID-19 pandemic, and they tend to give the same answer: buying a house got way more expensive. Now, after nearly two years of soaring prices, buyers, sellers, and agents all may be wondering whether the price of homes will ever drop or even level off.

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Ask people about how real estate was affected by the COVID-19 pandemic, and they tend to give the same answer: buying a house got way more expensive. Now, after nearly two years of soaring prices, buyers, sellers, and agents all may be wondering whether the price of homes will ever drop or even level off.