This week on Market Watch Wednesday I am taking a look at the stats for the Halifax Condo Market for the month of May. Average price increased by 14% but sales fell again year over year.
If you would like more information on the Halifax Condo market you can always contact me by email andrew@halifaxrealestateguy.com or call 902-488-0012
Related Video Blog Posts
- Market Watch Wednesday/06/04/10
- Market Watch Wednesday/05/27/10
What is fueling this jump in the price of Halifax condos? Is there a sector of the economy that is quickly growing in Halifax?
Hi Sam,
Thanks for the question. Right now what is fueling our market is a lot of baby bombers are looking to downsize, Parent are buying for kids while they attend university and there is some overseas investment. The price jump can be attributed to a couple of high end projects that have recently completed like Armoury Square, Armoury Villa and the Hydrostone. Tks
Andrew