Humber/Ontario Real Estate Course 1 Exam Practice

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A balanced market in real estate implies:

  1. Equal number of buyers and sellers, leading to stable prices.

  2. Overflowing market inventory, causing price drops.

  3. High demand overpowering the available supply, causing price surge.

  4. Weak demand leading to decreased pricing.

  5. New housing developments saturating the market.

  6. Economic downturn influencing market sluggishness.

The correct answer is: Equal number of buyers and sellers, leading to stable prices.

A balanced market in real estate implies an equal number of buyers and sellers, which leads to stable prices. This equilibrium is ideal as it indicates that supply and demand are in harmony, preventing extreme price fluctuations. The other options describe scenarios that would deviate from a balanced market, such as overflowing market inventory (B), high demand overpowering supply (C), weak demand leading to decreased pricing (D), new housing developments saturating the market (E), or an economic downturn causing market sluggishness (F). In contrast, option A accurately represents the concept of a balanced market where buyers and sellers are in relative parity.

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