A slump is likely. Or specifically a correction followed by a period of slow/no growth, but I don't expect a crash similar to 2008. The last housing crash was primarily due to a combination of overleveraging and overbuilding. The cost of nails, wood, and labor hadn't increased to the same degree.

The recent asset price increases have been supported by broad inflation. I don't see how prices drop significantly without monetary deflation. If we see deflation at scale, then everything is in trouble.