Condos are collapsing! 💥 Eight consecutive days of decline, the worst in 12 years.
-1.8% year-on-year, 10% of properties are now trading below issue price.
Property management fees are skyrocketing, demand is at rock bottom, and trapped investors are confirmed.
vs. Detached houses +1.1%, only 4.5% are trading at a discount.
The market divide is the most severe in 3 years.
Buy condos at rock-bottom prices or hold onto single-family homes? 👇