March saw a modest decline in city wide sales activity compared to last year. However, sales have been rising for more affordable product in the detached and attached sectors.

Shifts in the lower end of the market have not outweighed easing across the higher priced product. First-quarter sales dropped to 3,108 units. This is nine per cent below last year and 28 per cent below typical levels of activity.

Sitting below long-term averages, November sales in the city totalled 1,171 units.

For the year so far, sales activity has totalled 15,349 units, a 14 per cent decline over last year and nearly 20 per cent below long-term averages.

As economic challenges linger into 2019, housing markets remain on a sluggish pace.

January sales totalled 804 units, 16 per cent below last year and 21 per cent below long-term averages for the month.

City-wide prices hold steady in April as labour market conditions pick up

It's not a completely new look at this point, but it's definitely newish.

With recent improvements in the labour market and a balanced detached sector, city-wide benchmark prices reached $439,600 in April, similar to the previous month, but 0.90 per cent below last year's levels.