March’s housing market is showing promising signs of transformation, offering a refreshing change from last year’s fast-paced environment. With inventory levels reaching their highest for March since 2015, buyers now have a wider selection of homes and more time to make confident, well-informed decisions. While average prices and the HPI have adjusted slightly compared to last year, we’re seeing encouraging price stability month-over-month across most housing categories. The current 3.2-month supply of inventory is contributing to a healthier, more balanced market—moving away from the intense conditions of previous years. This is especially noticeable in the condominium sector, which now offers nearly seven months of inventory, giving buyers even more opportunities to find the perfect fit.
