This is what I see and what other agents I speak with see. Lots of demand at current prices but not above. I dont think there is price pressure. A nice property priced at market gets piles of offers at, just above or just below the ask. Prices dont get driven up with bidding wars. Smart agents avoid that as it could create an appraisal issue. We look for a very strong offer from a committed buyer at a fair market price. Eventually something has to give and the demand should increase prices in theory but I dont see that happening anytime soon.
The answer to A) is a resounding NO. Hence B.) is not relevant.