Found 13 blog entries tagged as halifax real estate.


What the hell was that and can you please make it stop?

2021 was breathless from the outset. It seemed that overnight, people’s patience snapped and an overwhelming urgency took hold.  Competition exploded and the lid flew off offer prices like a cat flies off a cucumber. While the penny dropped quickly, it was a problem that had been building for months. For some shocking perspective, look at the number of homes for sale in the Halifax Regional Municipality over the past four years:

  •        December 2018 | 2,055
  •        December 2019 | 1,298
  •        December 2020 | 626
  •        December 2021 | 214

This represents an inventory decrease on a scale larger than a blue whale. That’s big. What’s more, the number of sales has…

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CMHC just released their housing outlook for the Halifax Central Metropolitan Area and is forecasting strong growth for the next two years.  Residential housing starts are expected to increase in both the apartment and single family home markets.  A high amount of inter-provincial and international migration coupled with an ageing population looking to downsize is driving the growth.  Apartment construction will be focused mainly on the Peninsula and is expected to ramp up through 2020. 

After recording a growth of nearly 30% the last two years, new construction starts of single family units will flatten out and grow at a more modest pace. A tightening re-sale market with fewer options to choose from may mean people look at new construction to…

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