Toronto Mortgage Agent revealsWhat’s a stratified market?
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10 Dec 2024
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Mortgage
Ok, today we are going to talk about what a stratified market is and what it means to you… If you’re planning to buy or sell a house, you’re probably already familiar with the terms “buyer’s market” and “seller’s market.” In a buyer’s market, there are more homes than buyers, so prices drop and buyers get better deals. In a seller’s market there are more buyers than homes, so prices rise and sellers make more money. But there’s a third type of market, and it’s called a stratified market. Here’s what you need to know…If you are looking for a top-notch mortgage agent in Toronto call us at, 416-827-8026.
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