OCTOBER HalifaxRealEstateNews
Halifax’s“Cinderella Market”:Don’tPanic —YouCanStillSell
Wondering which small, cost-effective updates can actually add value to yourHalifaxhomebeforeselling?
If you’re thinking of putting your home on the market, here’s the truth: buyers are picky, and the Halifax real estate market isn’t what it usedtobe.
The days of “list it and they will come” are long gone. Today’sbuyersexpectmovein-ready spaces, coastal charm, and energy efficiency — all wrapped up in a home that feels well loved but not over-personalized.
SeptemberMarket Update: HalifaxTerminated ListingsTellaStory
TheHalifaxrealestatemarketinSeptember 2025revealedmorethanjustactivesalesand newlistings ithighlightedthecriticalstory behindterminateddeals.
AccordingtodatafromtheNovaScotia AssociationofREALTORS®(NSAR),916deals werewritteninSeptember,showingsolid buyeractivity.
Butbeneaththat,93terminatedagreements providedrealinsightintohowbuyersand sellersarenavigating
Halifax’sProposedTieredDeedTransfer TaxCouldBackfireonHousingMarket
There’sreneweddiscussionatHalifaxRegionalCouncilaboutintroducinga tiered deed transfer tax (DTT) — an idea championed by Councillor Sam Austin and supported in principle by Councillor Shawn Cleary. It’s being positioned as a fairer system that adjusts with home values. But in reality, this approach risks worsening affordability and eroding buyer confidence inanalreadyslowingmarket.
TheProposedStructure
Here’swhattheproposedtiereddeedtransfertaxmightlooklike:
1%onthefirst$200,000
1.5%ontheportionbetween$200,001–$500,000 2%ontheportionbetween$500,001–$800,000
2.5%ontheportionbetween$800,001–$2,000,000 +1%surcharge(3.5%total)ontheportionexceeding...
Halifax Condo Market Update – September 2025
Sales & Pricing Trends
TheHalifaxcondomarketin Septemberdeliveredaclearpictureof wherethingsstand:balanced,but shifting.Whilecondosremainan attractiveentrypointforbuyers,this pastmonthhighlightedhowsensitive themarketistopricingandcondition.
KeyNumbersforSeptember2025
CondosSold:50units
ActiveListings:300condosonthe market
AverageSalePrice:$465,022
DaysonMarket(DOM):55dayson averagebeforeselling
PriceAdjustments:40condoshad pricereductionsbeforeselling...
CONDOMINIUM MARKET DASHBOARD
