Back then, the housing market collapsed after. Webfor home prices to suddenly crash, there would have to be a pool of desperate sellers looking to offload their homes on the cheap — or, worse, losing them. Webis the housing market setting up for a crash? Webour official forecasts project home prices to end 2023 5. 5% higher than where they started it. And while we project 4. 2 million existing home sales to close this. Webbelief is that prices won’t crash this time. It’s enough to cause ptsd, or at least déjà vu, among those who lived through the last housing bubble. Websixty percent of housing experts polled by zillow don’t believe the housing market is in a bubble, compared to 32% who do. The panel expects to see a short. Webthey find evidence that the price surge in the 2000s was indeed a bubble, which serves as a scary reminder that the housing market can go wild and crash. Websixty percent of housing experts polled by zillow don't believe the housing market is in a bubble, compared to 32% who do. A short recession is expected by the.