02/09/2024
Burlington Ontario homeowners who purchased single family homes in 2022 are being singled out by a new report from Point2 News featured on Toronto's CP24 News. Burlington homes have lost the most value across the whole of Canada. Burlington topped huge bustling Mississauga, where condo losses made it grab second place.
An analysis of Y-o-Y changes in home prices in Canada's 68 largest cities shows that condo owners lost money in 26 cities, while single family home values fell in 25 cities.