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Spring real estate market heats up, good news for sellers

The spring real estate market is heating up and the numbers so far provide great news for sellers, but the relatively low supply and high demand can spell frustration for buyers.

Last month, there were 19 per cent fewer homes on the market but it was the second most active March in history.

Cynthia Mulligan outlines what you can do to survive the fierce bidding wars and stick to your budget.