, prices, for the most part, have remained steadfastly unaffordable. But, there are other factors that are pushing the region into what experts consider a buyer's market, offering some semblance of hope.
And, as these lower rates afford more financial breathing room, condo prices have fallen to better reflect the lower level of demand as of late, making for even more favourable conditions for buyers. RE/MAX says that condo values have declined by two per cent overall when compared to last year, now sitting at $732,648.
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