Contracts have slightly depressed these last few weeks, with many more listings coming on. About now is the best time to buy. The depression in prices is only slight though, and I agree we will see climbing prices (last year resale went up 20-25%) right up to 2021 for the WDW 50th and all the new attractions. That is unless the US economy takes a dive in the interim.
I could see continued price inflation of 10-20% pa for the next 3 years. This sounds a lot now, but by then Riviera will be 250 a point.
You think the price increase was to boost the starting price for Riviera? Hadn't thought of that before, but after reading this, it does make sense!
There does seem to be a bit of a slight dip in pricing right now, but still way above pricing when I started looking to purchase about 18 months ago. There's a Feb BLT 160 listed at 130 a point right now and it's real tempting. It's been there a few days as well. 3-4 months ago that would have sold in hours and probably been priced at 140.
I only really follow BLT closely, but inventory across the board seems to be a bit up. Last Sept/Oct it was a frenzy, good listings going in less than an hour.
My advice is when the time is right, and the right contract becomes available, just buy it. 5 or even 10 dollars a point is nothing compared to the cost of a trip to WDW, especially spread out over the life of a contract. No one wants to overpay, but I think getting the best contract for you is more important. (Especially if you want one of the harder to come by UY)
Don't do it!!! I bought BLT at $100/pt last summer. It didn't have 2017 points, but it had full 2018 and 2019 points. I was worried about ROFR and had a few taken before this one, but one will eventually get through at a low price like mine did. I would recommend waiting to see how the new restrictions affect resale prices before you jump in again. Just some friendly, completely unwarranted advice.