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Found 4 blog entries tagged as halifax real estate.

Each week, our blog has a quick look at the real estate market activity on the Halifax Peninsula.  We also select some of our favourite new homes that have hit the market.  If market stats bore you, skip down to the good bit about the new listings we like. For the week of January 25th:

  • 14 New Listings (+2 from previous week)
  • 13 Conditional Sales (= to previous week)
  • 11 Firm Sales (+3 from previous week)
  • January year over year sales (+1)

Three of our five HaliPad Picks from the previous blog have accepted offers and it’s fairly clear that what people want are single family homes below $600,000.  Sales are keeping pace with new listings and as such, prices will likely remain stable until activity picks up in the next few months.  This

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Each week, our blog has a quick look at the real estate market activity on the Halifax Peninsula.  We also select some of our favourite new homes that have hit the market. For the week of January 14th:

  • 12 New Listings (-9 from previous week)
  • 13 Conditional Sales (= to previous week)
  • 8 Firm Sales (-6 from previous week)

The number of new listings slowed down fairly significantly but conditional sales remained the same.  As such, competition for Peninsula homes will remain high.  The best real estate sells quickly and some of our HaliPad Picks from the previous blog have already accepted offers. 

Our HaliPad Picks this week: Peninsula and immediate area

You'll find links to the listings we talk about at the bottom of the page. 

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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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