Across the nation CREW lists data for 5043 neighbourhoods, and this month Halifax is number 898 putting it ahead of most neighbourhoods .
Want a cheaply priced house? Then at $379,900 this month, Halifax, Nova Scotia is definitely not for you price wise.
Nova Scotia has the fifth most amount of properties available to property investors, with Halifax having 1st most in the province, out of a total of 757.
When we look at the data we have, it can help with trying to establish whether or not Halifax is a good investment target.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
Canada’s national median home listing price this month is $269,900, which means that Halifax is in the top 20% for Canada.
In Jun the median listed house price of $299,900 in Halifax was an impressive compared to the rest of Nova Scotia.
There are 44 neighbourhoods that have more properties on sale than Halifax at the moment in Nova Scotia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
Can we guarantee how well Halifax is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.