Realty Sale
Realty sale is essentially when the value of realties have dipped enough so that they will become a lot more affordable for the parties interested in purchasing them. Colloquially speaking of course, a realty sale could be used to describe the process of buying or selling (depends on whether you're buying or selling) a particular property. Either way, however, the transaction involving realty is practically inevitable in these two definitions of realty sale – who could, after all, resist a property within their financial reach and who would have the heart to be able to back out of a realty transaction that is already underway? The answer would be “many people, but there are still some who could genuinely afford buying the property and could not afford to let go of the property that is being offered to them.”
In Toronto, there are in fact many properties that are put up for realty sale either because the prior owners could no longer afford to make use of the property or perhaps they honestly need the money that would get out of selling the property to someone else. The decrease in the value of the property would also be a probably cause for the realty sale.