All signs are that yes - it will be similar to last year. The banks are putting properties out at a small quantity at a time to avoid crashing the market and artificially increases prices. If more sellers get in the market, that could change.
Buyers in multiple offers all the time is not the best way. I agree. We need more inventory.
People keep talking about low inventory, but we have plenty of homes in the Northwest suburbs.
There should be a good supply all year, so come check it out. Prices get better as you travel West and North.