Tuesday, October 24, 2006

Ottawa Big Homes Having Trouble Selling

Sales of higher-priced homes appear to be slowing.

What we're hearing anecdotally and by pulling stats is that homes priced above $300,000 are taking longer to sell.

Buyers are showing greater interest in mid-priced condominiums.

We're getting a lot of people that don't want big houses, big lots or big maintenance.

Nationwide, home sales appeared to be bottoming out, with lower home prices attracting buyers in many areas of the country.


Anonymous Anonymous said...

is it size or price or both??

how are super-expensive condo sales going??

10:37 AM  

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