New Listings – 251
Number of Active Listings – 3057
Absorption Rate – 30 weeks
Type of Market –Buyers market
The number of new listings were up compared to last week. With only 433 sales last month(July 20-Aug 20) the market is starting to shift to a strong buyers market.
As always feel free to contact me for more information on the Halifax real estate market by email andrew@halifaxrealestateguy.com or call 902-488-0012.
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The weekly sales were down significantly compared to the same week in 2009 and 2010. The number of sales last week totaled 73
Figure 1. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
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Average price was down compared to 2010 but up significantly compared with 2009. The average price last week was 267K.
Figure 2. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
Related Video Blog Posts
-Week in Review Aug 6th-12th,2011
-Week in Review July 29th-Aug 5th, 2011
-Week in Review July 2nd-July 8, 2011
