34 - State of the Current Real Estate Market - Wednesday Morning Talk

Ema talks with Grace Simon, a 25 year real estate guru, and Tracy Kambeitz, Real Estate interviewer master.The current data of the market in Ontario shows we are close to a balanced market. A balanced real estate market occurs when the supply of homes for sale closely matches the demand from buyers, creating a relatively stable environment for both buyers and sellers. In this market, neither buyers nor sellers have a significant advantage, and prices tend to be more stable. However since we have not since a balanced market in years, this may be foreign to us. Have a listen.