What really are the benefits of a “balanced market?" In real estate terms it’s where the supply of homes for sale matches the demand from potential buyers.
With the rapid rise in interest rates over the last few months from the Bank of Canada to help stem inflationary measures. Canada has experienced a leveling off of an overheated market already under it’s own pressures in many parts of the country including the GTA.
The equilibrium of this has resulted in fair and stable conditions for both buyers and sellers locally.
This week I’d like to take a moment to discuss...