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Home sells at nearly a $750K loss in rural southern Ontario community

Summary by Insauga
People continue to lose money on home sales as the real estate market takes a nose dive in Ontario. Home prices have been down this spring. The most recent report from the Toronto Regional Real Estate Board found found the average selling price, at $1,107,463 in the GTA, was down by 4.1 per cent compared to April 2024. Those who purchased at peak high prices in early 2022, and even some who bought in 2023, are losing money if they need to sell n…
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insauga broke the news in on Monday, June 2, 2025.
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