Seller's Market: when there are a lot of qualified buyers in the market place, like when interest rates  are low, and not enough homes for sale in the market. When these conditions occur, bidding wars will drive up prices as multiple offers come in on sought-after properties.


Buyer's Market: When there are more homes for sale than there are buyers; it’s a market where prices  will drop over time as home owners become more and more eager to sell their  property.

Joan Hing King

Joan Hing King

Sales Representative

eXp Realty Brokerage

4711 Yonge St. 10th floor, Toronto, Ontario, M2N 6K8

jhingking@gmail.com

(416) 891-4705
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