I work in the real estate industry and I'll have to disagree with a few things here. We lost a decade of contractors/laborers due to the recession. Our supply chains have been disrupted beyond just covid-19, meaning labor and materials will continue to go up (though not like lumber this past year). The entitlement process in bigger cities takes a long time, so it's not as simple as buying some land and building on it a few months later.
At the peak, the twin cities were building about 18k housing units per year. this year they're on track for about 10k, with higher demand. Sure, prices might not go up like a rocket but i don't see an all-out crash like we had a decade ago.
This is my take as well. Based on economic factors I'm just assuming that the price of my new house will be flat for a few years. Supply is still an issue which will help with price stability. The growth in prices we've seen over the last couple years is clearly not sustainable but I don't foresee a big correction type event.