The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey:

Read more about it here: https://www.simplifyingthemarket.com/en/2018/09/20/is-the-real-estate-market-finally-getting-back-to-normal/?a=93170-17b0451a00d78ab5718e77db0f66713b