How did the downtown Halifax Condo Market perform in 2008?
Downtown Halifax has seen a wave of new condominiums break ground in 2008. Here is a list of several that have begun construction and nearing completion with links to there respective websites.
Under Construction
Nearing Completion
2. Spice
I am going to look at a year over year comparison of downtown Halifax Condos and how the average price was affected and the percentage of change in the number of sales.
Halifax Condo market update for area 1-4 which encompasses the South, North, West and Central Halifax for 2007 including new builds.
Looking at these numbers there is not a lot to say. The average price remained the same year over year. This could be attributed to the slowdown in the economy in 2008. The number of sales declined by 12%. The state of the Halifax Condo market is looking good for the future, there are a lot of new builds coming on board and it should be an exciting time. City planners are looking to get another twenty five thousand people into the downtown core to reduce traffic congestion and increase the vibrancy of the downtown area.
If you would like more information on any Condo project in Halifax. I can be reached at 488-0012 or email andrewperkins@exitmetro.ca.
Related Articles
- Halifax Real Estate Market Year in Review 2008
Andrew Perkins
Your Halifax Real Estate Expert
{ 2 comments… read them below or add one }
Wintersleep is an amazing band to see live, I would recommend seeing them if you have the chance.
Robert Eskiw – Edmonton Homes For Sale
Great! Thank you!
I always wanted to write in my site something like that. Can I take part of your post to my blog?
Of course, I will add backlink?
Sincerely, Reader