Ontario Housing Shifts Under $500K

Ontario’s real estate market is shifting, with homes under $500K now making up nearly 24% of sales — up from 17% in 2022 — mostly thanks to condos. But don’t get too hopeful: that’s still way below the 67% share a decade ago. Condos are leading the charge, with 46% now under $500K, up from 24% in 2022. Townhouses and semi-detached homes? Still pricey — only 5% and 15% respectively fall under $500K, down sharply from past levels. Affordability remains a huge hurdle for most Ontarians. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2eea90fb7db88bd4