Why Your Mortgage Payment Is About to Double in 2026
Автор: Property Daily
Загружено: 2026-01-29
Просмотров: 5911
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Toronto's real estate market has hit a critical breaking point, with average home prices plummeting 26% from their peak and condo sales dropping to a 34-year low. This video breaks down the harsh reality facing homeowners in 2026 as benchmark prices fall to levels not seen since before the pandemic housing boom. We dive deep into the massive mortgage renewal cliff that is forcing monthly payments to skyrocket and leaving many recent buyers with properties worth less than their loans.
With investors exiting the market and inventory piling up to record highs, we analyze what this unprecedented shift means for your equity and the broader economy. Watch to understand the hard data behind the crash, why the condo market has frozen, and what experts are predicting for the rest of the year. Subscribe to stay ahead of these rapidly changing market conditions.
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