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Canadian houses now selling at $200K discounts

Archive: 'The once-red hot Canadian real estate market is beginning to witness a trend that would have been unthinkable just months ago: Homes are starting to sell at a discount...

'Another phenomenon to hit Canadian real estate in recent weeks has been a spike in “delistings,” homes that are taken off the market after failing to attract any bids. In some regions of Ontario right now, more homes have been delisted in the past 30 days than have been sold...'

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Citation Moving Marvels
Citation Moving Marvels
Dec 15, 2023

The Canadian housing market has seen drastic changes in the past year, with many homes now selling for up to $200K less than their original asking price.

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