My weekly look at the state of the Halifax Real Estate Market
This week I am taking a look at the Halifax Real Estate market based on the first quarter MLS stats released by CMHC(Canadian Mortgage and Housing Corporation) late last week. If you would like to know more information about your specific area you can call me 902-488-0012 or email andrew@halifaxrealestateguy.com.
Releated Video Posts
- Monday Market Watch – Absorption Rates
- Monday Market Watch – Bedford Real Estate Market Update
- Monday Market Watch – Dartmouth Real Estate Market Update
{ 2 comments… read them below or add one }
Hey Andrew,
Sales seem to be down as a percentage…do you know if the same number of homes have been for sale as in past years? i.e. less homes for sale would create a decrease in sales?
Thanks.
Hi Mike,
Thanks for the question. There actually has been an increase of 14% in active listing as of the end of March compared to last year. Check out this post on Absorption rates. http://www.halifaxrealestateguy.com/2009/04/halifax-real-estate-market-absorption-rates/.