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thanks for clicking the Toronto real estate market is seeing a major increase in the number of four sales as the interest rate hikes that weve seen over the past year continue to take their toll ing to a new report from the Toronto Star the report comes as some are predicting that Canadas real estate correction may not be as bad as many had predicted as the Bank of Canada is maintaining its pause on interest rates fixed rate mortgages are down and a lack of listings is propping up prices I think were going to have a banner year but the report from Toronto shows that the future is not so simple as the pace of force sales sales which would not have occurred otherwise sales which were not present last year is accelerating so what I want to do today is go over the report looking at the increase in the number of four sales coming out of Toronto look at why this is happening take a look at what the big banks have been doing to ease some of the pressure on distressed homeowners and then di