In a surprising twist that challenges conventional real estate wisdom, homeowners in Burlington, Ontario, who invested in single-family homes at the close of 2022 faced a stark financial reality in the subsequent year. Recent data from a comprehensive report reveals that these homeowners experienced an estimated loss of $163 every day, culminating in a staggering total of nearly $60,000 over the year. This revelation serves as a poignant reminder that real estate markets can be dynamic and unpredictable, even in traditionally stable regions. While the Canadian real estate landscape has faced challenges, the impact appears ...