With many Canadian homeowners facing a sharp rise in mortgage payments, many of them have decided to bail, resulting in the highest number of Toronto housing units for sale in more than a decade and signalling a big drop in prices in the coming month
![Supply in Canada's property market surges as mortgage renewals loom](https://img.easybranches.com/uploads/news/2024/07/supply-in-canada-s-property-market-surges-as-mortgage-renewals-loom.jpg)
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