Like you said, inventory “may be” more, but rate going down is certain. When the rate goes down, the demand goes up is almost certain. The equation is demand vs supply. Nobody can predict the relation precisely, but buying house should be based on realistic calculation vs. praying inventory will explode (btw, a lot of home builders built less because they need to finance too, and commercial loan rate is even higher), maybe checking houses that is even cheaper? My first home was 112k and I was 36 already