This market is approaching the all time high of 2007. Many developments are there though the more expensive homes still have a way to go.
The new home market has shot up past all reasonableness. We have a gap of close to $100,000 between the median resale and the median new build. At this point new build is an economic failure.
Land pricing has returned to normzal levels. . Build ready half acres can be bought for between $100,000 and $150,000.
High rise condominiums show some improvement A number have been partially converted to leased units. The folks at The Martin (originally Panorama North) continue to battle with some success to sell their product as a premium condo.