Issue 1.12 - December 2021

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Halifax Real Estate News Compliments of the Andrew Perkins Real Estate Team Issue 1.12 - December 2021   As 2021 comes to a close, it is an excellent time to reflect on the real estate market in Halifax, Nova Scotia.   I have been in the real estate business for over 15 years, and I can honestly say I have never seen anything like what we saw in 2021. We came into the year in a seller's market with close to 500 single-family homes and condos for sale. We are ending the year with a little over 200 homes and condos for sale.  For a population of close to 500,000 people, this is extremely low. Prices have increased year over year by 25%. Prices will continue to rise for the foreseeable future, at least until inventory increases. This past year was another great one for the Andrew Perkins Real Estate Team. We had our best year yet, helping 50 families buy, sell and invest in real estate.  Jordan completed her real estate license, and we now have two REALTORS® to help our clients.  Next month, I hope to travel to Florida for a couple of weeks to play some golf and relax after a challenging but rewarding year.  If you are thinking of making a move in 2022, we would love to be part of your journey. Feel free to reach out to us anytime.  We would like to wish you all the best in 2022.  May it be your best year yet.   Andrew & Jordan   Halifax News   Developer plans to convert downtown Halifax office space into housing A Halifax development group is planning to convert vacant downtown office space into apartments. The conversion will happen at 1660 Hollis St., a 54-year-old office tower known as the Centennial Building... Continue Reading >>   Marketing Cape Breton as a “refuge” for “clear thinkers” Nova Scotia has long been a popular place for settlers, but in the last century it also became a popular place for non-residents — including many well-heeled Americans and Europeans — to purchase properties... Continue Reading>>   Where Does the Property Tax Hike Stand in Halifax, Canada? A 5.9% property tax increase has been proposed for the 2022-23 budget for Halifax, Canada, which includes a first-of-its-kind Climate Action Tax. However, some officials have called for a smaller increase of 3.7%... Continue Reading>>   These people were able to take their big-city salaries to more affordable towns Alejandra McLatchie loves that her new home sits on two acres of land, with a pool and a chicken coop, just a 10-minute walk from a lake. In June, she and her family moved to... Continue Reading>>   Has Nova Scotia found the solution to affordable housing, or just a cash cow? You don’t usually think of heat when you picture Nova Scotia — unless you’re talking about the province’s blistering housing market. After years of market conditions that favoured buyers... Continue Reading>>   OG House by Omar Gandhi Architect features cedar cladding and oak interiors The founder of Canadian studio Omar Gandhi Architect has built a brick and cedar-clad home for himself and his family in Halifax, Nova Scotia, with interiors lined in white oak... Continue Reading>>   Recent Market Stats   If you have been following our monthly Market reports for some time now, you know that we have said many times in the past year that inventory is at a record low... Learn more Our Recent Sales   Our Listings   Current Mortgage Rates Courtesy of Shawna Snair (Licence #2021-3000104) with Premiere Mortgage Centre   Follow Shawna for more great mortgage tips and info!   Interior Design Courtesy of Danielle Klassen with A&E Home Staging   Contact Danielle today to get your home staged to sell! 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! Recent Blog Articles   A 2021 Timeline of Positive News for Halifax, NS When December nears its end, we like to reflect on the year that has just passed. Life has changed so drastically this past year with new COVID variants emerging, climate change on the horizon, housing struggles and more... Continue Reading >> Downpayment Aids for First-Time Home Buyers (Pt 1)   Buying your first home is one of the biggest milestones in your life. It’s something that most people dream of from a very young age. With big milestones come big challenges: one of the biggest challenges that come with purchasing... Continue Reading >> 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: 308-6080 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.