The best chance you have for prices to lower is if interest rates go up, but that means that for the same monthly payment you won't be able to borrow as much. Good if you are paying cash, otherwise not good. It is a thinner market in winter so you might get a desperate seller then. There are very few home buyers between mid November and mid January, and not that many after that until the spring. If someone really has to sell you may get a bit of a bargain. If you mean when will the whole market crash like in 2007, don't hold your breath.