Yes but the global economy is hardly a bed of roses and there could be substantial falls to come.
I've been thinking of ways to short the housing market and short the economy in general.
In other words, make money from the crash, instead of losing money.
Some ideas here..... Shorting the Housing Market - How To Make Money From A Property Crash
Shorting banks, developers, LPTs would be a start.
Pity there's no housing derivative index that could be shorted directly.