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Toronto condo market stuns with stable prices despite significantly lower sales

Minimal movement in asking prices despite the market's dire state


  • Jul 18 2024
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Toronto condo market stuns with stable prices despite significantly lower sales
Toronto condo market stuns with stable prices despite significantly lower sales
With new condo sales plummeting in Toronto and unsold inventory reaching unprecedented levels, one would expect significant price drops as developers seek to attract buyers. However, new data from the market research firm Urbanation Inc. tells a different story: minimal movement in asking prices despite the market's dire state. Read More

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