Halifax Real Estate Market Update
This week on Market Watch Wednesday I am taking a look at the January stats for the Halifax Real Estate Market. After a great December the market slowed a little this past month. Average price increased by 2% and the number of sales increased by 20% over 2009.
If you would like more information on the Halifax Real Estate Market you can always contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012
Related Video Blog Posts
- Market Watch Wednesday/Halifax Condo Market Update
- Market Watch Wednesday/Interview with Mortgage Consultant Scott Walker
- Market Watch Wednesday/Halifax Peninsula Market Update
Day 3 HRM Real Estate Market Watch Week
Day 3 of HRM Real Estate Market Watch week I am taking a look at the stats for the Clayton Park/Bedford area. Prices have increased modestly and sales have basically remained unchanged from 2008.
If you are thinking of buying, selling or would like general information on the Halifax Real Estate Market you can always contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012.
Be sure to tune in tomorrow when I will be updating the Fairview/Spryfield Real Estate Market for 2009.
Related Video Blogs Posts
- Day 1 Market Watch Week/Peninsula Of Halifax Market Update
- Day 2 Market Watch Week/Dartmouth Real Estate Market Update
On Day 4 of Halifax Condo week I am visiting the Dockside Condo development in Bedford. The project is currently in the pre-sale stage and is over 50% sold.
If you would like more information on this great project you can contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012.
Related Halifax Condo Week Video Blogs
- Day 1 Halifax Condo Week/Interview with Halifax Condo Lawyer Pat Cassidy
- Day 2 Halifax Condo Week/Market Watch Wednesday/Condo Update
- Day 3 Halifax Condo Week/ Kings Wharf Update
My Weekly look at the state of the Halifax Real Estate Market
This week I am discussing the Bedford Real Estate Market. After a slow start to the year the Bedford Real Estate Market is starting to stabilize. Prices have increased by 3.6% and the number of sales remained steady over the same period last year. If you would like more information on your particular area you can email me andrew@halifaxrealestateguy.com or call 902-488-0012.
Related Video Blogs
- Monday Market Watch/Bedford Real Estate Market Update April 2009
- Monday Market Watch/Dartmouth Real Estate Market Update
New Halifax Real Estate Development/Parks of West Bedford
The Parks of West Bedford is an exciting new Halifax Real Estate development set to begin construction in the summer of 2010. It will feature 5 residential neighborhoods and include 6000 homes and 18000 residents. Lots go on sale in October 2009. If you would like more info on this or any other Halifax Real Estate Development you can call 902-488-0012 or email andrew@halifaxrealestateguy.com.
Related Video Blog Posts
- Canada’s first Envirohome 2009
- Halifax Real Estate Guy discusses Home Energy Audits
- Monday Market Watch/ Ist Half Stats
Halifax Real Estate guys top 5 tips for sellers.
When selling your home their are a number of tips that will make for a successful sale. In this video blog I discuss my top 5 tips for sellers of real estate in Halifax, Dartmouth and surrounding areas. If you are thinking of selling your home and would like more information you can call me 902-488-0012 or email andrew@halifaxrealestateguy.com.
Related Blog Posts
- Now is the Tme to Act on Home Renos
- CMHC’s Analysis of the Halifax Real Estate Market
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
Today I visited the IWK lottery home in the Ravines of Bedford South. It holds quite the distinction as the Canadian Home Builders’ Association named it the first completed EnviroHome in Canada for 2009. If you would like to discuss more about green homes or building green you can always email me andrew@halifaxrealestateguy.com or call 902-488-0012
Related Video Posts
- Geography of Hope Presentation
My weekly look at the state of the Halifax Real Estate Market.
This week I took a look at the Bedford Real Estate Market. If you would like more info on the stats for your area you can email me andrew@halifaxrealestateguy.com or call 902-488-0012
Related Video Posts
- Monday Market Watch – Halifax
- Monday Market Watch – Downtown Halifax Condo Market
- Monday Market Watch – Dartmouth
By The Numbers for the Halifax Real Estate Market in 2009
It’s the beginning of the New Year and my first day back at it, so to speak. I am sure everyone is wondering what happened with the Real Estate market in HRM in 2008. I am going to break it down by the numbers and compare it to the last 3 years to give you a better perspective of what happened in 2008 and what the future could possibly hold for 2009.
Halifax Real Estate Market update for areas 1-40 which encompasses all of HRM for single family detatched, semi detached, condos, townhouses, mobile homes and new construction for 2008
Halifax Real Estate Market update for areas 1-40 which encompasses all of HRM for single family detatched, semi detached, condos, townhouses, mobile homes and new construction for 2006.
A Quick Summary
2006 – Average price was $216,125/Number of sales 5371
2007 – Average Price was $229,335/Number of sales 6012
2008 – Average Price was $243,706/Number of sales 5344
Looking at these numbers it is easy to see that the Halifax Real Estate Marketis in great shape going in to 2009. The average price is up 6.1% from 2007 and 12.4% from 2006. Number of sales is down 11% from 2007(which was a recrod year) and stayed the same as 2006. Days on market suprisingly went down each year although we are seeing days on market creep up in the latter part of 2009.
You can look for prices to remain stable for the next couple of months and possibly see a slight increase halfway through the year. The number of sales will again go down, for a number of reasons. 1. The economic downturn and 2. No more zero down mortgages, although this could be offset by low interest rates.
I have some exciting plans for my blog in 2009. Keeping checking back for regular updates.
If you are looking to buy or sell Real Estate in Halifax, Dartmouth and surrounding areas do not hesitate to call me anytime at 902-488-0012.
Related Articles
- Halifax Housing Market Outlook
- Halifax Real Estate Urban Development Update
Andrew Perkins
Your Halifax Real Estate Expert