What lies ahead for housing?

He sees house prices "in a likely slow but steady decline as we settle into a recessionary period", which in turn "raises the likelihood of uncertain transactions with more down valuations, gazundering and buyers pulling out of deals altogether". And once seasonally adjusted, even the small decrease in selling price flips into a small positive, with price growth adjusting from -0.3% to +0.1%. "November's dip in house prices... could possibly increase demand for property after buyers and sellers held tight during market uncertainty in the past months.". [Extracted from the article]