New Listings – 251
Number of Active Listings – 3033
Absorption Rate – 27 weeks
Type of Market –Buyers market
The number of new listings continue to hover around the 3000 mark. After seeing a balanced market for the past several months we are now experiencing a 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 76
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 increased compared with both 2009 and 2010. We are seeing a steady increase of 4 to 5% in average price year over year. The average price last week was 276K.
Figure 2. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
Related Blog Posts
-Week in Review July 29th-Aug 5th, 2011
-Week in Review July 2nd-July 8, 2011
-Week in Review June 25-July 1,2011
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