ViewpointsOpinionIs the Housing Market About to Crash—Again?The housing market is a major indicator of economic health, but what can we expect to see as we move into the peak housing seasonSavePrintSingle-family homes are shown in a residential neighborhood in Miami, Fla., on May 10, 2022. Joe Raedle/Getty ImagesJames Gorrie6/27/2023|Updated: 6/30/20230:00X 1CommentaryThe adage “To be right too soon is to be wrong” may apply to the residential housing market right now.Share this articleLeave a commentJames GorrieAuthorJames R. Gorrie is the author of “The China Crisis” (Wiley, 2013) and writes on his blog, TheBananaRepublican.com. He is based in Southern California.Author’s Selected ArticlesChina’s New Law Legalizes Stealing Foreign IPJul 26, 2025A Washington–New Delhi Alliance Is a Perfect Storm Against China, for IndiaJul 14, 2025‘Green’ China Runs on Dirty CoalJul 08, 2025Of Humans and Humanoids in ChinaJul 01, 2025Related Topicsmortgagehome priceshousing market