The board's benchmark price sits at $444,700, up 2.8 percent year over year, which reflects steady demand meeting a limited number of active listings rather than a runaway market. Sales of 446 units were about 6.6 percent above the ten-year average for the month, a sign buyers are active and closing deals rather than sitting on the sidelines.
New listings were up 12.3 percent, so spring sellers should expect more competition from other listings than they saw in the depths of winter, even while the overall supply level still favours them.
A seller's lean is not a guarantee for any one property. The neighbourhood, condition and price still decide the outcome house by house.
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