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House prices falling? (sh.itjust.works)
submitted 1 year ago by sbv@sh.itjust.works to c/ottawa@lemmy.ca

Is it my imagination, or are prices in Ottawa finally heading down? Houses in Westboro seem to be listed high, taken off the market, and then relisted at more reasonable values.

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[-] sbv@sh.itjust.works 7 points 1 year ago

It probably varies by neighbourhood. I've noticed that prices in Carleton Place have dropped further.

[-] BigJim@lemmy.world 4 points 1 year ago

The prices in Carleton Place were absolutely asinine. I know someone that sold a 800sqft house built in 1912 that had the foundation sinking on one side for $350k last year. The whole house sloped so bad that you couldn't leave a ball on the floor without it rolling away. It should be a teardown but I drove by it recently and the buyers are actually living in it.

this post was submitted on 02 Jul 2023
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