Halifax Home Prices Still Falling
Real estate prices in Halifax dropped again in August, marking the fourth month in a row the price of a home in the city fell.
Real estate prices in Halifax dropped again in August, marking the fourth month in a row the price of a home in the city fell.
Home sales in Greater Moncton were down almost 26 percent last month compared to August 2021 with 316 units sold.
The public will have a chance to have its say on October 17 on two subdivisions proposed off Elmwood Drive, in Moncton.
The vice-president of the Dalhoes Student Union says she’s seeing students “renting out their living rooms, splitting bedrooms into two, or splitting living rooms into two and putting up screens” to cram more people into rentals and lower the cost.
A Halifax’s developer’s plan to restore a south end heritage building and incorporate it into a residential tower will soon face public scrutiny.
The developer looking to bring three apartment towers to Shediac said he anticipates the first tower to open as soon as this November.
According to a Consumer Price Index report released by Statistics Canada, the national rate of inflation fell to 7.6 percent in July, after an 8.1 percent gain in June.
House prices in Halifax have fallen for three straight months, leaving the average home price in the city nearly $100,000 lower than it was at its April peak.
Two Moncton-based real estate industry voices weigh on on why New Brunswick’s real estate market is cooling relatively slower than much of the rest of Canada.
In the spirit of fun summer reading, Huddle is (mostly) taking a break from more serious real estate news and exploring another side of the market: the very expensive side.