Real estate bidding wars aren't going away, experts say

Tuesday, March 3, 2015 - 15:00 in Mathematics & Economics

Frenzy, frustration and disappointment are what home buyers have come to dread about real estate bidding wars. They'd better get used to it, suggests a new study. Once a rarity -- representing between 3 and 4 per cent -- homes sold through bidding wars tripled their market share during the real estate boom between 1995 and 2005, says the paper.

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