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GTA housing just took a hit — November sees a 14.8% drop in detached sales and a 21.7% plunge in condo transactions. Why this matters: prices are diverging — average condo prices are inflated by luxury sales, hiding a weakening baseline. What we cover: What changed: deep dive into November’s sales & pricing — detached, semi-detached, and condo breakdown. What’s new: condo sales collapse vs. record divergence between median and average prices. Case-study: 416 vs. 905 condo markets — contrasting trajectories in average price. What they didn’t say: average-price charts skewed by luxury-unit sales, masking broader softness. Median price analysis: signs base-level condo values may be stabilizing. Detached & semi-detached market stress: 14.8% sales volume drop and deeper 905-area loss. Implications for investors: what this means for value, cash-flow, and timing buys. Risk factors to monitor: volume declines + price distortion = caution flag for condo-based deals. What I’m watching next: upcoming months — volume, price stability, and signs of real baseline support. About us: The Economics of Real Estate — weekly deep-dives on GTA / York Region housing data and what it means for investors and buyers. Strictly data-driven, Ontario-focused analysis for real estate professionals and serious investors. Like & subscribe to stay ahead of GTA housing shifts. Drop a comment: what surprised you most — the condo crash or the price-spread spike? Contact Matthew Gizzie - https://MeetMatthew.ca Dylan Silbernagel - https://TheSilbernagelTeam.com This video is for educational purposes only, not financial or investment advice. #BankOfCanada #CanadaHousing #GTARealEstate #YorkRegion #MortgageRates #InterestRates #TorontoRealEstate #RealEstateInvesting #GTAHousing #OntarioRealEstate #Condos #HousingMarket #MarketUpdate #CondoCrash #PropertyInvestment