Contrary to my peers, I think there's a possibility the market will stabilize after the summer season and you'll start to see prices plateau - perhaps even come down a bit. The market is cyclical in nature, and there's been an inflated market recently due to inventory levels and interest rates. I would rarely recommend to buyers to wait for the market to come down however, as I would hate to be the cause of them ending up paying more because they waited. Pay very close attention to Wall Street as your indicator. A stronger economy will influence the market dramatically. And, as others indicated, unless you're paying cash, interest rates play a big factor...and those are expected to continue to rise.
All the best, Amir.