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? 👇
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