“We’re now transitioning from a seller’s market … to a buyer’s market in which home buyers no longer feel a sense of urgency to buy quickly before prices go higher,” said Jeffrey Otteay, a real estate economist and president of the Otteau Group.

https://www.nj.com/news/2022/10/here-are-the-nj-towns-where-the-housing-market-may-be-cooling-the-most.html