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Falling GTA condo appraisals leave pre-construction buyers facing massive losses

Summary by City News
A Vaughan man says he lost hundreds of thousands of dollars after a pre-construction condo purchase fell apart, something experts warn is becoming common with condo prices falling and appraisals coming in lower at closing.

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City NewsCity News
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Falling GTA condo appraisals leave pre-construction buyers facing massive losses

A Vaughan man says he lost hundreds of thousands of dollars after a pre-construction condo purchase fell apart, something experts warn is becoming common with condo prices falling and appraisals coming in lower at closing.

·Toronto, Canada
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City News broke the news in Toronto, Canada on Tuesday, February 10, 2026.
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