In the Toronto real estate market, overall stability is noted, but condos are facing unique challenges with inventory outpacing sales due to a surge in new listings. The Canadian Real Estate Association reported a significant increase in inventory as sellers entered the market. Meanwhile, a tragic discovery of a missing real estate agent's remains was made. Luxury properties and renovated homes are attracting attention, while affordability remains a concern. Sellers are contemplating price adjustments amid evolving market dynamics.
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