U.S. Tariffs & Canadian Cities: How Halifax’s Real Estate Market Stands Strong​

As we navigate the evolving landscape of international trade, it's important to assess how recent U.S. tariff announcements may impact our local economy and the real estate market. The Canadian Chamber's Business Data Lab (BDL) has provided valuable insights into which Canadian cities are most vulnerable to these tariffs, offering a clearer picture of potential challenges and opportunities: ​businessdatalab.ca

Understanding the Tariff Exposure Index

The BDL developed a U.S. Tariff Exposure Index to evaluate the susceptibility of various Canadian cities to the newly imposed U.S. tariffs. This index considers two primary factors:​

  1. Export Intensity: The…

649 Views, 0 Comments

Read Full Post

Reconnecting the City: The Vision Behind Richmond Yards

In the heart of the city, Richmond Yards is transforming an underutilized space into a vibrant, connected, and livable community. This ambitious redevelopment is about more than just buildings—it’s about stitching together neighborhoods, improving mobility, and creating welcoming public spaces that enhance urban life.

Breaking Down Barriers, Building Connections

One of the core ideas behind Richmond Yards was to restore connections across the site. Historically, this area was a fragmented superblock, limiting movement and accessibility. By introducing new pedestrian pathways, plazas, and mixed-use spaces, we’ve reimagined the site as an integral part of the city’s fabric.

Once fully…

769 Views, 0 Comments

Read Full Post

Nova Scotia Non-Resident Deed Transfer Tax Increases to 10%

The government of Nova Scotia has announced changes to the province's deed transfer tax for non-residents—including those from other parts of Canada. Currently, if you purchase a home in Nova Scotia and do not intend to become a resident within six months of the closing date, you are subject to an additional deed transfer tax of 5% on top of the base rate of 1.5% that residents pay, for a total of 6.5%.

Effective April 1st (no joke), the government will increase the non-resident rate to 10% (plus the base 1.5%), resulting in a total tax rate of 11.5%. I am very disappointed by this change, which is likely a response to the recently announced operating budget deficit and a measure to help…

2334 Views, 0 Comments

Read Full Post

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…

759 Views, 0 Comments

Read Full Post

Unit 1702 - 1650 Granville Street

Rare Opportunity at The Roy: Stunning Condo with Two Premium Parking Stalls

Welcome to The Roy, a coveted address in the heart of downtown Halifax. If you've been waiting for the perfect opportunity to own a stylish, contemporary condo with breathtaking views and top-tier amenities, this is your moment. This stunning corner suite, located on the 17th floor, is the epitome of luxury living. With two premium parking stalls included, it offers convenience, space, and the best of city living. Let’s take a closer look at each room and feature of this exceptional home.

Outdoor Living: Expansive Deck with Unmatched Views

Step outside onto your expansive deck, an ideal spot to take in the stunning…

605 Views, 0 Comments

Read Full Post

A Quick November Real Estate Update

In my last newsletter, I mentioned how things typically quiet down during the winter months, but there’s a lot happening at the moment. The government continues to ease pressure on borrowing costs, with their latest rate cut at 0.5%. While this isn’t yet causing a major market surge, it’s certainly having an impact.

Sales were up in October by an impressive 47% compared to the same month last year and rose from September as well. New listings have slowed while the pace of sales has remained high, resulting in a 1.4% increase in the average home price over the past 30 days. As the government continues to lower rates and introduce new incentives for buyers, it seems likely that prices will keep climbing.

Are You…

708 Views, 0 Comments

Read Full Post

5680 Inglis Street

Quintessential Halifax with a Storied Past

The Thorndean has been meticulously cared for and extensively renovated while preserving much of its original character and the timeless charm of 1800s Georgian architecture.  The grand entrance opens into a spacious living area adorned with original hardwood floors, cast iron radiators and two original decorative fireplaces.

Beyond the living area, the stunning Regency Room, with its large rounded window, provides a picturesque view of the grounds—a perfect spot to get lost in a good book. The property is beautifully landscaped with a pond and trickling waterfall, basking in southern exposure, and provides many peaceful spots to sit and relax.

The kitchen blends…

2707 Views, 0 Comments

Read Full Post

This Thanksgiving season, CB Maritime is giving back to our community and supporting a great cause!

We're aiming to raise at least $10,000 for Ronald McDonald House, helping countless families in need during some of the most challenging times. As a token of our gratitude for your donation, we're giving away free pumpkins just in time for Halloween!

Join us at Local Source, on the corner of Windsor and Almon Street, on Saturday, October 19th, between 10 AM and 5 PM to pick up your pumpkin.

Please, donate below to help us reach our goal!

489 Views, 0 Comments

Read Full Post

 

Sit Back, Relax, and Enjoy Life at The Roy

This is a unique opportunity to take a sneak peak at The Steeple floor plan at The Roy! This unit has some fantastic features including beautiful South Western exposure and an amazing 270 square foot balcony perfect for creating a substantial outdoor oasis as you soak up the sun!

An Interior Designers Dream

The stunning interior layout features a beautiful custom workstation that enjoys city views, plenty of natural light to bring your interior design dreams to life and an open concept layout perfect for entertaining. The neutral color pallet of this unit is beautifully complimented by accents of wood and earthy tones, creating a very welcoming, comfortable, yet modern and stylish aesthetic…

951 Views, 0 Comments

Read Full Post

 

Experience Family Living at 93 Dorothea Drive

Welcome to 93 Dorothea Drive, nestled in the heart of the popular Nantucket Community. This charming home is ideal for families, offering close proximity to top-rated schools and the serene Bell Lake Park.

A Warm and Inviting Main Floor

Step inside and be greeted by a bright living area, freshly painted with laminate floors and a cozy wood-burning fireplace. Imagine family movie nights, snuggled up by the fire, enjoying the warmth and comfort provided by the heat pump. The adjacent dining room is perfect for family dinners, with easy access to the almost fully fenced backyard. The kids can play safely outside while you relax on the great two-tiered deck, enjoying a cup of coffee and the privacy…

777 Views, 0 Comments

Read Full Post