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How a slow housing market is forcing sellers to get creative

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A flood of listings is creating a buyer's market in some Canadian housing markets and forcing some sellers to get creative to land a deal.

In Toronto, where there is a plethora of condos, for example, some sellers are even letting buyers know they’d go lower than asking – in what’s called a “reverse offer.”

But even as condo sales are down, prices continue to climb due to high construction costs. Global's senior business reporter Anne Gaviola reports.

For more info, please go to https://globalnews.ca/news/10577539/slow-housing-market-toronto-condos/
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Category
U.S. & Canada
Tags
global news, Canada housing market, Canada condo sales
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