Did Someone Say Market Correction?

Maybe it's too soon to say but there may be a slight correction to what has been a very unbalanced housing market. It's no secret it's a sellers market, and has been for a while but is there a shift happening ? I'm sure our  Liberal government would love to take credit for it since their big announcement a few weeks ago but this is beyond them, and doesn't have anything to do with foreign buyers!
For the first time in a while we are finally experiencing an influx of listings giving consumers more to choose from. With more to choose from, there are less offers, and in the end maybe the prices will stop increasing so much.
Buyer's have had to take the risk purchasing homes without conditions mainly because if they do put an offer in with even one condition of either financing, or inspection their offer will go to the bottom of the pile. What about appraisal? You put the offer in with no financing, win because it's over 100k of asking but then can't close because the appraisal came in 20K short. These are the types of situations many are in but there may be hope ahead! During lunch with a colleague, broker of record, and mortgage specialist yesterday we started on the topic of conditions. For the first time in a while an offer came in conditional on financing!! Yes there was a financing condition!!! Perhaps there weren't multiple offers but it's a start right?
So are consumes finally catching a break? This would be a sigh of relief especially our first time home buyers that have been disappointed over and over again? It's going to be really interesting to see what happens in the market over the next 60 days!! I'll keep you posted.