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Ontario Homeowners Face $45,000 Median Loss in 2024 Market Correction
Three years after the COVID-19 real estate boom, 25 percent of Ontario homes bought in 2022 and sold in 2024 experienced value losses, with a median loss of $45,000, highlighting a significant market correction and growing wealth disparity. Areas outside the Greater Toronto Area saw the most signifi...
Ontario Homeowners Face $45,000 Median Loss in 2024 Market Correction
Three years after the COVID-19 real estate boom, 25 percent of Ontario homes bought in 2022 and sold in 2024 experienced value losses, with a median loss of $45,000, highlighting a significant market correction and growing wealth disparity. Areas outside the Greater Toronto Area saw the most signifi...
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