How about looking at this from another standpoint. What about all those people who own homes and have been living in them for a long time. Shouldn’t a realtor be pouning on their doors letting them know that they are loosing money by not electing to sell at the moment.
Most would tell you to go pound sand.
Additionally you are accusing someone of lying to you. Seems like a lot of realtors are in a bit of a mess becasue they bought into the same market. So if they are buying the same product they are selling how casn you quetion this from an ethical standpoint.
What you can question is the logic behind buying now.