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5.4

Toronto condo market records sub-$300k sale amid ongoing price correction

A residential condominium in Etobicoke sold for under $300,000, marking a new low in the Toronto real estate market. This transaction highlights the accelerating downward pressure on condo valuations, reflecting a broader trend of distress for sellers in the region.

Bluesky Journalist Feed3 days agoCACredibility 42%View source

Score Breakdown

Mosaic Score5.4
Confidence0.9
Significance0.5
Source credibility0.4

Intelligence Tags

#real estate#toronto#housing market#condo#canada

Locations

TorontoEtobicoke

Entities

country
Source

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