A housing report by TD Economics predicts that high home prices will persist for the rest of 2020. TD Bank economist reports that the real estate market is currently in the seller's territory. The national sales-to-new listings ratio in Sep was 77.2%. In Sep, markets were the tightest in nearly 20 years - resulting in home prices to rise. The national avg home price set a new record in Sep and will continue for the rest of 2020. Home prices will likely drop through the first half of 2021 by 7%, before re-gaining some traction later next year.

