The real estate market in Oakville and Burlington is always changing, and it helps to understand how market conditions can affect your position as a seller. Your agent can provide you with info on current conditions and explain their impact on you.
Buyers’ market
The supply of homes on the market exceeds demand.
Characteristics Implications Sellers’ market
The number of buyers wanting homes exceeds the supply of homes on the market.
Characteristics Implications Balanced market
The number of homes on the market is equal to the number of buyers.
Characteristics Implications