New Listings – 204
Number of Active Listings – 3055
Absorption Rate – 32 weeks
Type of Market –Buyers market
The number of new listings were up compared to last week. With only 381 sales last month(Aug 25-Sept 25) the market has shifted 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 75
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 was up significantly compared to 2009 and 2010. The average price last week was 284K.
Figure 2. All numbers based on MLS® statistics, single family homes and condominiums for areas 1-40 which encompass all of HRM
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Quran (4:104) – “And be not weak hearted in pursuit of the enemy; if you suffer pain, then surely they (too) suffer pain as you suffer pain…”