Despite strong buyer demand, sales totals are lower due to a lack of affordable supply

“While perhaps we won’t match the growth in the market seen over the last few years, stability and sustainability are the primary objectives.”

“Buyers are beginning to return in force this Spring. For well-priced homes in desirable locations, competition is fierce.”

“In addition to the quandary of ongoing housing price increases and affordability concerns in many U.S. markets, the first quarter of 2019 saw a fair share of adverse weather as well.”

Housing markets have proven to be resilient despite predictions of more challenges this year for housing.