They'll catch up, eventually...last time it took about a year for the ammo market to get back to normal, at least some version of normal. If 2009 is any indication, then when supply does return, ammo prices will come down, but not to the same level as they were before the panic.
If you plan to shoot in any quantity, then start looking into a press. Don't just consider the current price of ammo, also consider what the future price of ammunition might be. Components are sure to increase in price, but not nearly as fast as factory rounds.