Did you say WALL?

Property taxes are based on the sales price and increase every year thereafter.  Annual increases do not exceed 2%. 

I have never had my property tax go down. 

In Arizona, when a property changes hands, an Affidavit of Property Value is prepared and sent to the County Assessor who (along with their appraisers) determine the taxes. I've had the Assessor's appraiser contact me to find out the rents and even the company  annual income for our investment properties! 
No clue how it is done anywhere else, but except where law caps taxes (like CA Prop 13, IDK if it's still like that) increase of property value = increase in property tax . . . YMMV

Property taxes will always go up.  It's part of the plan.  We're locked to 1% per year and they're trying to do away with that to further destroy our state.

Up, up, up is the answer for all things right now, with no end in sight, Peter. I avoid hitting walls at all costs and go around them!

Yes!  For sure they will rise!  They already are!  And for the people who sold high in the past 2 years ... the little red flag will rise and so will the taxes.

I have to say yes for sure and will they ever come down remains to be seen

With California Proposition 13 added to control runaway property tax increases back in the 1970s, property tax is 1% of assessed value (usually the purchase price) and cannot rise more than 2% per year...no matter what the cost of living increase is. During the recession, due to falling property values, property taxes actually went down for many homeowners. As values have since gone up, so have property taxes.

we had county wide re-assessments this spring and across the board with school and local property taxes rates going up however our state property tax (which is already very low) is going down so it should most be a wash on the rates, but my assessment more than doubled.  Still wouldn't sell my house for that though.

My property taxes go up every year even more so after the town reassessed the homes just recently. New Jersey taxes are high in general.

You bet it is

Since it is government work and done backwards, going up is the only direction they know. They start with the answer (the dollars they need) and work the formula backwards, adjusting the rate and value as needed to get to the $$$$$.

No need for the mill rate to go us since escalating prices are driving up revenues at the current rate.

The government, state and cities all run in the red needing more and more money. Instead of leadership, accounting, talented money managers etc., they all raise taxes. It's so easy to do. I remember seeing gasoline prices climbing the ladder over the decades. From my high school days .28 cents to $5.00 bucks a gallon? They always said it goes for roads, and necessary transportation misc. costs, but it really goes to pension and union funds. Where is this going? America still has the answer. Get a good job. Save your money. Buy Real Estate and live long enough to collect your pension or social security. 

They go up annually, so yes!

Our county is be reassessed at this very moment. We shall see. They have been investigating for years that large corps in our county are not paying their fair share with different deals from the villages.

Our property taxes go up every year Peter Mohylsky  and our last hike was a pretty big hike.

Los Angeles County property taxes will be adjusted higher due to rising prices.

I believe so. Our county will reassess in 2024 and they usually go by the past 3 years sales.

Real estate taxes will go up as assessments increase. Also, expect increases in the cost of insurance as policies are adjusted.