Lots of people bought $800k one bedrooms too. I know several of them. They bought with the attitude of "you can't loose".
Even worse, some of them are in "temporary" relationships. That means if/when their needed 2nd income relationship ends, it's usually an immediate sell (regardless of the current value).
Buy higher, sell lower, isn't fun.
Many real estate analysts (not realtors) continue to express their deep concern over the huge numbers of condo units being completed in the 2nd half of 2019. Most of which were bought by "investors", temporary residents, agents and "resellers". They're not going to wait 2-3 years for a possible turn around and be down 20-40%.
The people selling now would like to sell. The people selling September to March "have to" sell.
This fall/winter will be very interesting.