Toronto's housing market correction deepens as November sales dropped over 15% year-over-year, hitting near-record lows, while inventory reached a decade high. Detached homes saw the largest price declines, down 8%, whereas downtown condos showed price stability with only a 1.7% drop. Rising estate-related listings reflect structural supply growth. Market activity slows with longer days on market, signaling a steady rebalancing amid cautious economic conditions.
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