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- Buying a home won't get cheaper from here, Kevin O'Leary said.
- The "Shark Tank" investor predicted high mortgage rates were here to stay.
- Pandemic migration trends also aren't reversing, which has kept home prices elevated.
The housing market probably isn't ever going to get any cheaper, according to "Shark Tank" star Kevin O'Leary.
Speaking to Fox Business on Sunday, the investor pointed to the rapid run-up in interest rates, which has been the main culprit behind higher housing costs, and that's not going to change.