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Here s why these condos lost money despite being bought at a property market low

This week, we looked at some properties that saw losing transactions, despite being bought at an "ideal" time during 2003 to 2005, or 2015 to 2016 (all low points in the property market). And while many of the reasons could be related to seller circumstances (see here for the previous piece), there's naturally some curiosity over the condos involved..

10 shocking loss-making condo transactions since 2017

Conventional wisdom will point at the property market cycle and tell you that 2017 was the best time to buy in the last five years. After all, it was the lowest point in the residential property price index and for most people who bought during that period, they would be happily sitting on some paper gains by now. But, as.

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