Prices have gone skyhigh since lockdown. In fact, it's funny seeing the British media going on about "Cost of Living crisis" all the time, but failing to acknowledge one of the most obvious causes of it.
I predicted a massive price hike way back in the summer of 2020, because somehow we were going to have to pay for the lockdown, and many people didn't believe me. Now it's here, people are trying to tell me it was too long ago, even though economics can run in ten or twenty year cycles.
That's going to depend heavily on where you live in Seattle or NYC. London has some of the most expensive real estate in the world and I can say from experience that you get much more of an apartment for your money in NYC or Seattle than in London (lived in all three).