Toronto home prices keep on sliding and experts say it will only get worse

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Toronto home prices keep on sliding and experts say it will only get worse
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Toronto home prices keep on sliding and experts say it will only get worse Toronto TorontoRealEstate RealEstate

Even as 2022 drew to a close, few experts had high hopes for the Greater Toronto Area real estate market going into the new year.$140,000 in 2023

The condominium market fared better in Q4 2022, with median prices actually increasing by a modest 2.7 per cent year-over-year to $683,100. In Toronto proper, the aggregate price of a home was slashed by 4.5 per cent year-over-year to $1,086,700 in the fourth quarter of 2022, with single-family home media prices dropping 4 per cent to $1,517,300, and condos falling 4.2 per cent to $681,500.

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