In Toronto, the market’s sweet spot is the humble bungalow

Lots of people selling their four-bedroom houses and luxury condos are feeling the slowdown in Toronto’s real estate market. Those properties are sitting on the market longer – especially if they have an asking price north of $1-million.

But some sellers are still confidently holding off offers in hopes of a bidding war: Those would be the owners of humble, two-bedroom bungalows.

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Randy Ramadhin

Randy Ramadhin

CENTURY 21 People's Choice Realty Inc., Brokerage*
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