|
People who purchased an assignment in 2017-2019 are likely underwater. Condo prices (like the entire market) fell from 2017-mid 2019, and have been relatively stable over the last year while TH & Detached have increased noticeably.
Developers were also projecting where prices would be in the future when the building would complete based on 2015-2017 trends and charging those prices at the time of presale (which I don't think anyone recognized).
|