Toronto home flippers face significant losses and forced sales as property values decline.
Toronto's home flippers, who capitalized on the real estate market during the pandemic, are now facing significant losses and forced sales. As property values decline, many investors who purchased homes for quick resale are struggling to recoup their investments. This shift highlights the volatility of the housing market and raises concerns about the sustainability of such speculative practices in real estate.
October 05, 2024
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