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Toronto Condo Sells at $320,000 Loss Amid Market Struggles

Aug 07, 2024

A Toronto condo recently sold at a $320,000 loss, highlighting significant issues in the city's condo market.
The sale reflects broader market challenges, including oversupply, rising interest rates, and declining demand.
The situation raises concerns about the future stability of Toronto's real estate market.

Toronto condo market
real estate loss
condo sale loss
market struggles
Toronto real estate
oversupply issues
rising interest rates
declining demand
real estate market stability
housing market challenges

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