04/20/2026
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Condo prices continued to face downward pressure in March, reaching their lowest level in several years as elevated supply conditions persist across the market.
Although inventory has started to trend lower in recent months, the condo segment remains oversupplied relative to demand, keeping market conditions unbalanced compared to historical norms.
As supply gradually declines from peak levels, these conditions may begin to support greater market stability, particularly if demand continues to improve.
Understanding where value exists in today’s condo market is becoming increasingly important for buyers.