Quick December Market Update - Halifax Real Estate
Posted by Chris Perkins on
A Quick December Market Update - Halifax Real Estate
The Halifax real estate market is wrapping up the year with a mix of promising trends and a few challenges. As we dive into the November numbers, we’re seeing some strong performance in the single-family home sector, while condos are also gaining traction. Here’s your quick Halifax real estate market update for the month.
Single-Family Homes: Steady Growth in Sales and Values
Single-family homes in Halifax have had another strong performance in November, with sales up 25% compared to the same month last year. Year-to-date (YTD) sales have also increased by 12.5%, showcasing consistent demand throughout 2024, aided by the government alleviating the stress caused by high interest rates. The…
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