Real estate sales are a lagging economic indicator.  It takes weeks or months for sales to feel the effects of shifts in other areas of the economy.  That said, it is currently impossible to predict how the current environment surrounding the COVID-19 crisis is going to change our local housing market.  However, we can comment on what as happened so far and we will continue to update statistics over the coming weeks to keep everyone informed as to what is going on.  

As you’ll note in the charts below, it’s too early for the real estate market to react to what has happened in the past week. It is also subject to significant change as the Government’s response to this crisis evolves on a daily basis.

Number of New Listings

New listings in…

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What is Center Plan?

Center plan has been in development for several years.  It is focused on simplifying zoning bylaws and the development application process in the urban core of Halifax and Dartmouth. The goal is to add density to address our increasingly competitve housing market.  To date, this has been achieved by creating density corridors that allow taller buildings to be constructed along the busiest transit routes like Gottingen Street, Robie Street and Quinpool Road. 

Introducing Package B – Draft Stage.

Some changes are significant but perhaps the most impactful is R1 zoning will no longer exist.  R1 zoning states that you are only allowed one unit per household, meaning you are not allowed to have a legal secondary suite.  In…

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We are excited to welcome Adam Wigmore to the HaliPad Team!

Adam Wigmore, originally from Prince Edward Island, has called Halifax home since 2012. He loves Halifax for its big city feel, local amenities and close-knit sense of community. Adam believes the Maritimes are one of the very best places in the world to put down roots.

Adam is outgoing, enthusiastic and approachable which allows him to build fast and meaningful relationships in both his personal and professional life. He has received several awards acknowledging his innate ability to provide his clients with exceptional customer service. With over twenty years’ experience working in the customer service industry, he recognizes the importance of taking the time to understand his…

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2019 was a busy year. Nova Scotia is seeing a boost in population from migration and immigration not seen since the 1970's.  Of the 35000 people who moved here in the last four years, between 95-98% of them settled in the Halifax area.  Because of this, our local real estate market has seen significant gains in every measure.  We have a 14 year record low number of listings and the average price this year has improved by a whopping 7% as of December 16/19.  

As the market tightens up, it's not only price that is affected.   The time it takes to sell a home is down by a third from four years ago and the number of sales is up by over 1000 at time of writing.  CMHC predicts our growth will slow moving in to 2020 as economic conditions are set to improve…

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After a lot of thought, you’ve decided your home is too big.  You haven’t seen the cat in days and the living room hasn’t been lived in for years.  The kids have moved out or you quite simply hate the idea of cleaning three bathrooms.  The reasons for downsizing are numerous, but the tactics to accomplish the goal of downsizing are very similar.  We simplify the downsizing process so you can focus on the things that matter most.

On November 26/19 join HaliPad Real Estate Inc. and renowned Organize Anything expert, Colette Robicheau to learn how to effectively right size your life.

Why you might want to downsize:

  •         Less upkeep and responsibility
  •         Financial freedom
  •         More flexibility
  •         Your…

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The Nova Scotia Real Estate Commission is responsible for protecting the best interests of the public.  In a recent press release, they've brought attention to a scenario which creates vulnerability for home buyers and we want to make sure you know what to do about it. 

Before I dive into how it affects you, I need to explain a few things regarding the agreement of purchase and sale:

  • An Amendment - A change to the purchase contract (i.e changing a closing date, requesting home inspection repairs)
  • Notice of dissatisfaction - A buyer or seller delivers notice in writing that they are not comfortable with an "out clause" in the contract (financing, lawyer review, home inspection) and they are not proceeding with the purchase.  A termination…

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Just Listed!

Notables of this #NicePad | Massive deck overlooking the trees | Hot tub and stone patio | Grand entrance with marble tile | Contemporary kitchen with top of the line appliances | Gas fireplace and heat pump efficiency | Massive master bedroom with walk in closet | Luxurious ensuite bathroom | Walk out basement. This five bedroom Provident home offers all the stunning features your heart desires. Classy curb appeal invites you inside where you'll find soaring ceilings and marble tile, bordered by a beautiful staircase. The main level is bathed in natural light and offers 10 ft ceilings, a gas fireplace and a contemporary kitchen with expansive quartz counters. Upstairs, three huge bedrooms plus a master suite you'll never want to…

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Note: Listings will no longer appear if they have been sold. 

Check out our six picks below and let us know your favourite!

Are You Searching for a Halifax Home?

Why go it alone?

We monitor the market every day and are equipped to make sure you never miss an opportunity.  Looking to buy or sell your Halifax Pad?  Give us a call and our team of qualified agents will take exceptional care of you. 

Chris Perkins, Broker/Owner
(902) HaliPad
HaliPad Real Estate Inc. 

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Note: Listings will no longer appear if they have been sold. 

Our six picks this week feature some fantastic options for first time buyers.  These cheaper homes offer the perfect opportunity to get on the property ladder and watch your investment grow.  Our other more expensive picks offer lots of character and great locations.  Check out the listings below and let us know which is your favourite!

 

Are You Searching for a Halifax Home?

Why go it alone?

We monitor the market every day and are equipped to make sure you never miss an opportunity.  Looking to buy or sell your Halifax Pad?  Give us a call and our team of qualified agents will take exceptional care of you. 

Chris Perkins, Broker/Owner
(902) HaliPad
HaliPad Real Estate Inc. 

417 Views, 0 Comments

 

Notable features of this #NicePad | Two driveways | Large detached garage | Fenced Yard | Four Bedrooms Upstairs | Refinished Hardwood Floors | Updated Kitchen and Baths | Legal Basement Suite | Steps from Burton Ettinger Elementary. This fantastic property offers it's new owner a great place to call home while the basement suite offsets the monthly mortgage cost. A private yard bordered by a lovely hedge ensures you are tucked away, with ample parking on a newly paved main driveway. Inside, you'll find a bright and sunny living room, dining room with a beautiful bay window and a functional, renovated kitchen. Two bedrooms and a half bath complete the main level. Upstairs, there's a third bedroom, renovated full bathroom and a master suite with a…

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