It depends on what you want and what you can put up with. Some people want to fully customize their house or have a house in a particular location. Others don’t want to spend too much time building a house and prefer just to buy a house and save time. It also might be much cheaper to buy a house than to buy it from scratch.
According to timthomas.co, the real estate prices will fall soon because the whole market is crashing, and the real estate prices are flattening. It might be a good time to start looking for a house because it will be much easier and cheaper to buy now.