
Inside Toronto's slumping condo market
The Big Story
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Analysis of Toronto's condo market current state and its comparison to previous hot market
This chapter delves into the current state of Toronto's condo market, highlighting the average selling time of three and a half to four months and the balanced nature of the market with occasional price drops from desperate sellers. Contrasts are drawn with a previous hot market period where properties were sold within a week, attracting investors and speculators.
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