For the past several years, Edmonton's real estate market has experienced everything from record-low interest rates and multiple-offer situations to rising borrowing costs and limited inventory. Today, the market is becoming more balanced—and that's actually good news for both buyers and sellers.

While some people hear the term "balanced market" and assume it means the market is slowing down, that's not necessarily the case. In fact, a balanced market often creates better opportunities for everyone involved.

Here's why.

What Is a Balanced Real Estate Market?

A balanced market is one where the number of homes available for sale and the number of active buyers are relatively even. Unlike a strong seller's market, where demand far exceeds…

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