COVID and the real estate market so far

Real estate markets across Canada have been experiencing unprecedented price growth since the pandemic started.  Record low interest rates and travel restrictions meant more people shifted their attention to homeownership.  Some of the sale prices we’re witnessing in the Halifax area are shocking, even for someone who looks at prices every single day.  A Bedford townhouse that sells for $735,000.  A Hydrostone Row house at $750,000.  While we in Nova Scotia baulk at these prices, those from other areas of the country like Ontario still see our little province as affordable.  Those who own a home and are looking to upgrade at least have solace in knowing their house has appreciated as well.  However, I feel…

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