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Halifax Market Report

Halifax Housing Market Trends

Congratulations on taking the first step towards becoming a homeowner!

Nova Scotia Monthly Summary
November 2023	Residential Sales	Year-Over-Year % Change	Residential Average Price	Year-Over-Year % Change
Annapolis Valley	103	-16.9	$316,637	5.2
Cape Breton	62	-20.5	$237,458	13.6
Halifax-Dartmouth	403	11.6	$528,272	7.2
Highland Region	31	-16.2	$287,218	2.4
Northern Nova Scotia	131	5.6	$277,312	11.0
South Shore	79	-10.2	$381,261	22.4
Yarmouth	31	106.7	$234,123	-6.7
Nova Scotia	840	1.6	$408,141	11.0

Nova Scotia Year-To-Date Summary
YTD 2023	Residential Sales	Year-Over-Year % Change	Residential Average Price	Year-Over-Year % Change
Annapolis Valley	1,382	-23.5	$347,887	2.3
Cape Breton	802	-21.1	$242,885	6.6
Halifax-Dartmouth	4,660	-14.2	$556,934	2.2
Highland Region	398	-13.5	$275,111	-7.9
Northern Nova Scotia	1,414	-18.7	$269,349	1.2
South Shore	896	-23.8	$378,064	-1.3
Yarmouth	242	-7.6	$236,035	-8.4
Nova Scotia	9,794	-17.6	$424,454	2.5

Frequently Asked Questions

Why is it considered necessary to register Agreement for Sale?

The Registration Act, 1908, the Transfer of Property Act, 1882 and the Real Estate (Regulation and Development) Act, 2016 mandates the registration of an agreement for sale of an immovable property. By registering the agreement for sale of an immovable property, it becomes a permanent public record. Further, a person is considered as the legal owner of an immovable property only after he gets such property registered in his name.

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