The condo market saw the steepest correction of all housing types in April.
Aside from the 2020 dip, sales dropped to their lowest April level since 2001, while active listings reached a record high for the month.
High supply and hesitant demand continue to put downward pressure on prices, especially in entry-to-mid-range price points.
Curious to know more about the outlook for the GTA condo market? Let's connect.
