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Florida Real Estate Course
Chapter 16
Florida Real Estate Practice Question
A buyer’s market is defined as a condition where:
Answer choices
A
Demand exceeds supply.
B
Supply exceeds demand
C
Supply and demand are in perfect balance.
D
Vacancy rates are zero.
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How Real Estate Markets Work: Supply, Demand and Location
All chapter guides
What is the basic difference between a buyer's and seller's market?
Why can nearby homes react differently to the same market news?