bbangel
My friends call me the font of useless knowledge
- Joined
- May 18, 2006
Real Estate in Halifax and some surrounding areas is insane. We bought our semi-detached home in 2005 for $162,000. If we sold now for around $240,000, we couldn't afford to get a brand new one. New semis are at least $400,000.
We have thought about it many times as our street is turning into trash-ville and I'm sure our property value is dropping as I type.
I work for a real estate agent in Halifax and it has been a crazy year for sure. It is so hard for people who need/want to move since things move so quickly and over asking so much of the time it is easy to get priced out.