Q1 is typically a slow quarter, its sales and sales prices mostly reflecting activity during the mid-winter holiday "doldrums," as the market gradually wakes up in the new year. But business went crazy this past winter — sales peaked for the year in Q4 —and first quarter activity was far higher than Q1 2020.
Interest rates, though still extremely low by historical standards, have climbed 20% since their all-time low in January.
Within this report, market statistics on districts and neighborhoods follow the full-city analysis.
