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2 days ago · Halifax, with a population of 520,000, is the largest city in Atlantic Canada and the 13th largest population center in Canada. Halifax average home prices rose 11% annually and 16% over two years to $575,075; this price has more than doubled over the past ten years.
The Halifax housing market has been experiencing a housing inventory shortage since before the pandemic took hold, with the lowest supply levels in the last 10 years. In mid-March, housing market activity came to a short halt in early spring due to lockdowns, however according to the RE/MAX Fall Market Outlook Report , the region started to see an uptick in real estate activity by mid-June.
2 days ago · A new study from real estate listings site Zumper shows that Halifax is the fifth-priciest rental market in all of Canada with rent prices having gone up around 11% over last year. With data aggregated from its website, Zumper shows that Halifax’s average price for a one-bedroom apartment is around $2,100—a 10.5% increase from last year.
Oct 8, 2021 · The impact of high demand has also been felt in Halifax’s condo property segment, which saw sales increase more than 55% year-over-year, and prices followed suit. The Halifax housing market experienced the most-pronounced price growth in condominium properties at +29.1% year-over-year, followed by detached homes at +24.3% , and townhomes at +21.7% .
Jan 31, 2024 · The report, released Wednesday, examines changes to the rental market across Canada over the past year, showing Halifax as one of the cities in the biggest housing pinch.
Halifax’s average housing price reached $550,605 in 2023, over double the level a decade ago. Price increases are moderating, however. The average price increased by 2.8% in 2023, down from 14.9% in 2022 and 27.4% in 2021. Halifax remained in the middle among benchmark cities with the fifth highest price in 2023.
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Apr 13, 2024 · The median price of a single-family detached home has increased 8.0 per cent year over year to $575,000 in the first quarter of 2024, while the median price of a condo increased modestly by 0.8 ...
