In 2019, sales activity improved to levels consistent with longer-term trends for the town. However, it was not enough to offset new listings on the market, causing slight inventory gains. Throughout most of the year, conditions generally favoured the buyer, resulting in some downward pressure on prices.
However, market conditions did appear to improve in the second half of the year, helping support more stability in prices. While prices mostly levelled off near the end of the year, it was not enough to offset previous adjustments. Overall, prices eased by nearly four per cent in 2019 compared to the previous year.