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Purchasing a Condo

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Is It a Buyers Market?

Publication date:
January 2, 2023
Article Summary: 

The real estate market fluctuates between Seller's Markets and Buyer's Markets, with each offering different advantages and challenges for buyers and sellers. In a Seller's Market, there is high demand and limited inventory, leading to bidding wars and higher prices, while in a Buyer's Market, there is an abundance of inventory and lower demand, allowing buyers to negotiate lower prices. Understanding the current market conditions is crucial for making informed decisions when buying or selling a property.


Real estate market, Seller's Market, Buyer's Market, inventory, demand, bidding wars, negotiation, prices, market conditions, Toronto, GTA, housing market, real estate agent, mortgage, Toronto Condo Team.

Source Citation: 
Is It a Buyers Market?
January 2, 2023
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