Borrowers in Canada are seeing their housing values crater

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Vaughan home prices and home sales tank in July. The spring real estate market in Vaughan comes to a grinding halt. Bank of Canada’s 2 rate hikes have slowed the whole GTA market down.
Homes sales in Vaughan drop 46% and detached homes in Vaughan drop over $130,000 in just 60 days.

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h/t Simian_Stacker

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