Renfrew County home sales decline, homes selling under asking

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Renfrew County home sales decline, homes selling under asking
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A sudden change to the real estate market has caught many looking to cash in on their houses by surprise.

After watching a frenzied market for years, homeowners like Candace Wall are seeing their homes for sale get passed over and receive offers under the asking price.

That's putting her family in the predicament of losing out on a home they have conditionally purchased. If they can't sell their home by July 31, they risk losing their hopeful new home. Realtors Jenna and Brooke Ritchie now say more houses are sitting on the market longer, creating more competition for new listings.

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ctvottawa /  🏆 29. in CA

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