New listings were up 12.3 percent year over year heading into this period, which typically means more spring and early-summer inventory arriving, but a tight-supply market absorbs new listings quickly rather than letting them accumulate, so waiting for more choice can mean waiting for less than expected.
The benchmark price sits at $444,700, up 2.8 percent from a year earlier, a pace that has not priced out qualified buyers but has not slowed down either, so delaying a purchase on the assumption of a price drop is a real bet, not a safe one.
A buyer with pre-approval ready can act whenever the right home appears rather than trying to pick the calendar month. Get your hand-reviewed valuation from Joel Dyck.