Ontario home sells at massive loss of over $600,000
Kimia Afshar Mehrabi
created: Jan. 13, 2026, 5 a.m. | updated: Jan. 13, 2026, 4:53 p.m.
After two months, the home finally sold for its exact listing price, representing a loss of $611,000 when compared to its price just a few years earlier.
Home sales also declined — exactly 3,697 home sales were reported in December, representing a decline of 8.9 per cent compared to December 2024.
"Reaffirmed trade relationships and large-scale domestic economic development projects will be key for improved home sales moving forward.
Families and individuals need financial breathing room so they can afford a home or apartment and meet their basic needs," TRREB CEO John DiMichele added.
"Fair and responsible tax policies can put more money back into people's pockets, restore consumer confidence, and rebuild trust in the economy."
11 hours, 58 minutes ago: blogTO