A steady single-digit gain like that means Rosewood is not a neighbourhood where timing the market for a spike makes much sense, since the citywide trend simply is not moving that fast in either direction right now.
It also means a Rosewood house priced against last year's number without adjustment is leaving a small but real gain on the table, particularly if genuine updates have been made to the property since then that public records have not caught up to.
A trend line tells you the direction, not the number for your specific house. Get your hand-reviewed valuation from Joel Dyck.