Agreed. On the one hand, falling demand is causing (temporary) lower prices and better availability. Do not be fooled by this into thinking the shortages are over. We have massive inflation in nearly everything driving up -input- costs (raw materials required to make cases, primers, powders, bullets, etc) and labor shortages / wage inflation making labor more expensive.
I know compared to just a few years ago when 9mm was $0.17/rd, current prices aren't exactly "cheap", but I think today's prices will seem cheap a year from now.
I'm keeping my brass and buying primers / powder in case I want to get back into reloading. Never made sense for 9mm, but it might now and definitely for 5.56.