I’m less convinced that uneven movement means there is no broader change. Early shifts rarely affect every listing simultaneously because seller motivation differs. Watch new-listing volume and when price cuts occur: several reductions soon after listing would tell a different story from a few...
Waiting can still be a plan if it has rules. Set a maximum purchase price, maximum ongoing housing cost, minimum reserve after completion, and a date for reconsidering. Then compare the cost of another rental period with the value of flexibility—not just with a hoped-for price fall. Before...