There's a saying on Wall Street that stocks and real estate prices move in opposite directions. And while there are certainly exceptions to this rule, there is a lot of truth to it.
Generally speaking, when the stock market is doing well, real estate prices tend to be low because investors are putting their money into stocks instead of into property. And when the stock market is doing poorly, real estate prices tend to be high because people are looking for safe havens outside of the stock market.
So if you're thinking about buying or selling a house, it's important to keep an eye on what's going on in the stock market.