This uptick in housing prices is yet another "side effect" of this CV pandemic. New home construction is down, due to higher prices for lumber and a shortage of construction workers....so existing home prices are climbing. Then, with more people allowed to work from home, suburban housing is looking more attractive to buyers who want to leave the crowded cities. However, this "spike" could be short lived, as the economy begins to recover from the virus, and shortages of many consumer items begins to drive Inflation higher. Some of the Federal Reserve predictions call for inflation to rise at 2%, or more, for perhaps the next 10 years. This will impact consumer spending, and drive home loan interest rates much higher....thus leading to a decline in home prices, as demand begins to lag "supply". Those who are speculating that these home prices will continue to rise, may be disappointed in another year, or two.