Outside of localized markets, housing prices are unlikely to fall significantly, as they have only declined in 7 out of 50 years in the past 50 years, with most of those declines concentrated around the 2008 subprime mortgage crisis, which is no longer a concern.
"And outside of certain local markets, the most likely outcome is really more of the same. In fact, as Ben Carlson points out, home prices have only ever fallen for 7 years out of 50 in total, with five of those years being isolated to the subprime mortgage crisis of 2008, of which isn't a concern anymore."