You may have heard the term “buyer’s market” being thrown around but you don’t know exactly what it means. Well, a buyer’s market means that real estate market conditions are currently more favourable for buyers than they are for sellers. This often happens when there are more homes listed for sale in Lethbridge than there are buyers looking for a new home. This gives buyers a great amount of choice when looking for your perfect place, plus it gives you a better chance of negotiating a good deal on the purchase price because homes often stay listed for longer in a buyer’s market.
