These small towns have the fastest-declining home prices in Ontario Ontario
during July of 2021, came out as the biggest expected loser.
"The desire for more space when working and educating children from home pushed Ontarians further afield. This unprecedented demand drove up house prices as well," reads the Desjardins report. Now that the pandemic-driven urban exodus seems to be reversing course, those same communities that saw huge price hikes two years ago are seeing the biggest price declines — a trend that the report's authors say"is expected to hold going forward."
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