Halifax Real Estate News - Issue 3.11

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Halifax Real Estate News Compliments of Andrew Perkins Real Estate Issue 3.11 - November 2023   Watch our video above to get your Halifax Real Estate Market Update! Andrew & Jordan   Free Home Evaluation! Halifax News   Halifax mall acquired for $370 million by Toronto-based real estate investment company A Halifax mall has been purchased by a Toronto-based real estate investment trust for $370 million. On Monday, Primaris REIT announced it had acquired the Halifax Shopping Centre and the Annex in the city's west end. Continue Reading >>   Province to provide land to 3 private developers for affordable housing The provincial government has announced it's providing land to three private developers for affordable housing projects, but few details on the agreements have been released. Provincially-owned land in Cole Harbour, Lower Sackville, and Bridgewater will be provided for a nominal fee through the province's... Continue Reading>>   1970s-era office tower being converted into rental apartments in downtown Halifax A Halifax developer says his company's plans to convert a 1970s-era office tower into residential units is on schedule and should be ready for tenants in two years. Elliot MacNeil of Sidewalk Real Estate Development... Continue Reading>>   Halifax expected to hit half a million residents this year Nova Scotia's population is continuing to climb, but municipal leaders say more money is needed to close an infrastructure gap that's holding back housing and healthy growth. On Wednesday, Halifax Mayor Mike Savage said upcoming Statistics Canada numbers will show that Nova Scotia's population rose by 33,249 people this year. If the current trend continues... Continue Reading>>   Why big Halifax landlords are reporting average rent increases above N.S. cap It's been three years since Nova Scotia imposed a two per cent rent cap, yet rents have been rising faster than they have in decades. Examining the public financial records of some of Halifax's largest landlords — companies that... Continue Reading>>   People living in tents in Halifax’s Grand Parade asked to relocate for safety reasons About a month after Halifax designated a downtown square as a tent site for people experiencing homelessness, the city advised those living there to move out because the area will become dangerous when snow-clearing operations begin. But some people sleeping rough at Grand Parade say they want to stay put until they find a long-term place to live. Continue Reading>>   GIVEAWAY!   Enter Now! Current Mortgage Rates Courtesy of Neil Keeping with The Mortgage Group   Call Neil Today to Talk All Things Mortgage! 902-402-3505   Recently Sold by Andrew Perkins Real Estate   Recent Blog Articles   Halifax's New Residential Rental Registry: A Step Towards a Better Rental Landscape Renting a property in Halifax, Nova Scotia, is about to get more transparent and efficient, thanks to the new Residential Rental Registry. Starting June 12, 2023, the R-400 By-law required property owners to register their residential rental properties, with a deadline set for April 1, 2024. This initiative aims to create a clearer picture of the rental landscape in Halifax and improve the municipality's ability to provide services where needed. Let’s dive into the details of this development and discuss the potential benefits it holds for both residents and the HRM. Continue Reading >> The Impact of Seasons on Real Estate Sales in Canada When it comes to buying or selling a home, timing can be everything. The real estate market, like the Canadian landscape itself, experiences distinct seasons, each influencing the dynamics of property transactions in its own way. Understanding the impact of seasons on real estate sales is not merely an exercise in market analysis; it's a strategic insight that can make all the difference for both buyers and sellers. Recent trends indicate a notable increase in demand for residential properties across various provinces. However, it's essential to note that the market conditions can vary significantly from one region to another. Continue Reading >> Halifax Real Estate Market October 2023   There are currently 970 single-family homes and condos for sale in Halifax and surrounding areas. This is a 25% increase from this time last year. More properties are coming to market as new municipal restrictions come into place on short-term rentals. We expect this trend to continue in the winter months, with inventory remaining at a surplus when compared to last year. Tell Me More! Thinking of moving to Halifax?   One of the hardest parts about moving to a city that you are unfamiliar with is picking which part of the city you will call home. It can feel overwhelming browsing through so many unfamiliar neighbourhoods, schools, clinics and shops. You almost wish that there was a guide to each city, breaking down its most appealing attributes, exploring its unique characteristics, and narrowing down the choices for you. We are positive that you are not the only one looking for guidance. This is why we developed this FREE and comprehensive e-book detailing everything you need to know about relocating to Halifax, Nova Scotia.   I want my FREE e-book! What's my Halifax Home Worth?   The inventory in Halifax is extremely limited. Prices are on the rise for both homes and condos. Your property may be worth more than you think! Interested in a FREE and INSTANT market analysis of your property?   Take me to my FREE market anaylsis! Halifax Homes for Sale   Are you a buyer who wants to find their dream home or condo in Halifax? Browse the most up to date listings!    Search Halifax Homes for Sale Our mailing address is: 404-6080 Young Street Halifax, NS  B3K 5L2 Want to change how you receive these emails? If you wish to unsubscribe, simply reply "Unsubscribe" to this email.