Halifax Real Estate News November
Market Intelligence: What 77 Terminated Deals Reveal About Halifax Real Estate
In a revealing snapshot of Halifax's current real estate dynamics, analysis of 77 terminated transactions between October 6 and November 6, 2025 exposes a market undergoing fundamental recalibration. The data reveals not isolated pockets of weakness, but systematic transaction friction extending from entry-level properties through ultra-luxury assets, with particular concentration in the $400,000 to $600,000 range where 50% of all failed deals cluster.
TheCritical$400K-$600KCorridor
The most significant finding centers on acute stress in what traditionally serves as Halifax's move-up buyer segment.
THE PRE-INSPECTION MYTH THAT’S COSTING HALIFAX SELLERS TIME
AND MONEY
If you’ve ever thought, “A pre-inspection might scare buyers away,” you’re not alone. It’s one of the biggest myths I hear from Halifax homeowners — and it couldn’t be further from the truth.
In reality, pre-inspections don’t kill deals; they protect them. They give you control, reduce your stress, and keep your sale from collapsing midnegotiation. Here’s why.
1.BuyersFearSurprisesMoreThanTheyFearImperfections
Today’s Halifax buyers are cautious and analytical. They’ve seen headlines about “shifting markets” and “rising costs”...
JUST LISTED 106 Edward Drive, East Hants
HALIFAX
By Margarita Perez.
Photography by Francois Mercer
OCTOBER 2025
The Halifax condominium market faced significant turbulence in October 2025. Elevated inventory levels, widespread price reductions, and sluggish transaction volume combined to create an unmistakably buyerfavored environment. Only 18% of available listings sold, marking one of the weakest absorption rates of the year and confirming a decisive tilt toward buyer control.
ANALYSIS CONDO
October opened with 222 active listings and added another 98 new units, bringing the total to 320. Despite this ample supply, just 57 transactions were recorded. Nearly 15% of sellers reduced asking prices, averaging a downward adjustment of $31,081, revealing how far list prices initially missed buyer...
WHEN “ASSESSED VALUE” BECOMES
A
SELLING STRATEGY
In Halifax, property assessments have taken on a strange double life. Sellers often treat their assessed value like a badge of honour—proof that their home is “worth” a certain number. Yet they also enjoy paying taxes on a much lower capped rate thanks to Nova Scotia’s long-standing CAP program.
It’s a sweet deal: pay tax on the lower number, advertise the higher one. No wonder most sellers don’t challenge inflated assessments—it feels like free marketing. But here’s the kicker: those numbers often have no real...
