Market Type
Explore market types in Canadian real estate: how to distinguish buyer’s, seller’s, and balanced markets and what each means for your strategy.

May 30, 2025
What is a Market Type?
Market type refers to the classification of a real estate market based on supply, demand, and pricing trends, typically categorized as buyer’s, seller’s, or balanced.
Why Do Market Types Matter in Real Estate?
In Canadian real estate, knowing the market type helps buyers and sellers adjust expectations, strategies, and pricing.
Market types include:
- Buyer’s Market: More supply than demand; prices often soften.
- Seller’s Market: More demand than supply; bidding wars likely.
- Balanced Market: Supply and demand are relatively even.
Market type can vary by region and property type. Tracking conditions helps buyers negotiate and helps sellers list competitively.
Understanding market types empowers participants to time their transactions and make strategic real estate decisions.
Example of Market Types in Action
With new inventory surging and sales slowing, analysts declared a shift from a seller’s market to a balanced market in several Ontario cities.
Key Takeaways
- Reflects balance between supply and demand.
- Buyer’s market = more listings, lower prices.
- Seller’s market = fewer listings, rising prices.
- Influences pricing and offer strategies.
- Varies by location and time of year.
Related Terms
- Buyers' Market
- Sellers' Market
- Market Value
- Sales-To-New-Listings Ratio (SNLR)
- Housing Supply

Hudson’s Bay vacated about as much space as Target did in 2015. (JLL)
A rendering of Frame in East Vancouver. (Peterson)
The Tesla facility set for 908 Raymur Avenue in Vancouver. (Beedie)
Phase One of Sen̓áḵw in Summer 2025. (OPTrust, Nch’ḵay̓)
(QuadReal Property Group, Westbank)
The two-tower Cascades project under construction in mid-2025. (Ledcor)
A rendering of Perla near Central Park. (Polygon Homes)
Phase One of Concord Metrotown is located at the corner of Kingsway and Nelson Avenue in Burnaby. (Concord Pacific)
Myriad will complete Concert Properties’ Heart of Burquitlam community. (Concert Properties)
SOCO 2 (left) in Coquitlam. (Drew Powell, LinkedIn)
King George Hub in Surrey. (Submitted by PCI Developments)






The Yonge Corporate Centre at 4100-4150 Yonge Street. (Europro)
Jon Sailer














Pennyfarthing's The Capstone, Langley (pennyfarthinghomes.ca)
Rendering for MAKE Projects' Smith Campus Middle and Secondary School (makeprojects.ca)
Rendering for STRYKE's Innovation District