This is the most useless question because there is NOT – and never has been – just ONE market!
Which market are you are referring to?
The market for Buyers? for Sellers? for Investors? for Landlords? Tenants?
And where?
All real estate is LOCAL- and conditions can vary greatly even just one mile apart.
And what kind of property?
single family? condo? apartment? land?
To get the correct answer to that question you need to:
Pose your specific inquiry to a qualified Realtor who works every day
in the neighborhood that interests you