Unlike stock money or unpagged assets like dollars (which is the root cause of all financial problems), real estate is an item that has a LIMITED supply. As investors find stock markets and currency markets as bad investments, they turn to commodities with limited suuply. i.e. Precious metals, Real Estate etc.
In the short term you will see real estate prices going down a bit but don't wait for too long to buy as the prices will soon correct and continue their move upwards. JMHO