Toronto overbuilt tiny condos and now prices are down 15% from 2023 peak. Other types of house prices are roughly stable.
Hard to draw too many conclusions since "down 15%" is still "way to fricking expensive", but...
"overbuilt" seems editorial. Drive the price to zero. Nobody says that we overproduced potatoes just because they are all ten kilos for a dollar.
"overbuilt" seems editorial. Drive the price to zero. Nobody says that we overproduced potatoes just because they are all ten kilos for a dollar.