The main argument for buying now rather than waiting is that 446 sales were reported recently, roughly 6.6 percent above the ten-year average for the month, showing steady rather than frantic demand, so a first-time buyer is not stepping into a bidding-war market by moving this year.
The argument for waiting is purely personal: if your income, relationship or job situation is unsettled, no market condition changes the risk of buying before you are financially ready, and that readiness matters more than timing the supply figures.
Joel Dyck can help you weigh both sides against your actual numbers. Get your hand-reviewed valuation from Joel Dyck.