The price of debt went down steadily from up to 20% in the late 1980s until 2023 when it reached or even breached zero. that drove up debt leveraged house prices. The price of debt cannot continue to go lower and lower into the future. It must stay where it is or rise. House prices will generally stagnate or reduce. Here in New Zealand they have been stagnant-declining for several years already. Get some more recent data for Europe and I suspect you will see the same trend. The fiat debt leveraged property ponzi scheme is over.