HalifaxRealEstateNews
HalifaxSingle-FamilyHomeMarket: August2025Analysis
MarketOverview
The Halifax real estate market continues to show its shifting patterns, and thedataforAugust2025revealssomeimportanttruthsaboutwhat’sreally happening.Onthesurface,itmaylooklikeplentyofhomesarebeinglisted and sold, but when you dig into the numbers, a more cautious picture emerges.
InventorySnapshot
ActivelistingsonAugust1st:969
NewlistingsaddedinAugust:500
Totalhomesavailableduringthemonth:1,469
Nearly1,500homeswerecompetingforbuyers’attention.Outofthose,only 388sold asell-throughrateof26%.Nearlythreeoutof...
Why Halifax Real Estate Deals Are Falling Through (And
How to Stop It)
TheAlarmingNumbersNoOne’s TalkingAbout
Let’sgetrealforasecond:dealsin Halifaxarecrumblingataratethat shouldmakeeveryREALTOR®situpa littlestraighter.
BetweenJuneandAugust,1,327 homessold.Thatsoundsgreat…until youseethefineprint:339dealsalso terminated.Thatmeans26%ofdeals nevermadeittoclosing.
AndSeptemberisshapinguptobe nobetter.Injustthefirst15daysofthe month,426dealswerewritten.Outof those,199closed and65already terminated.That’sa...
ShouldHalifax’s10%DeedTransferTaxApplytoHomesOver$600,000?
TheHalifaxrealestatemarkethasbeenthroughthewringerlately,and buyersarealreadyfacingawallofaffordabilityissues.Nowaddinthenew 10%deedtransfertaxonnon-residentbuyersthatkickedinonJanuary1, 2025 andit’snosurprisebuyersandREALTORS®alikearecallingfoul.
Here’sthekicker:thisisn’tjusta“foreignbuyer”tax.Ithitsanyonewhoisn’t livinginNovaScotiafull-time,evenifthey’reCanadian-born,even... HALIFAX REAL ESTATE: WHY THE 10% DEED TRANSFER TAX SHOULDN’T APPLY TO HOMES OVER $600,000
HALIFAX REAL ESTATE SHOWINGS IN AUGUST:
EARLY SURGE, LATE DIP
EarlyAugustCameinHot
IfAugustwereahorserace,thefirstweekwasout ofthegatelikearocket.FromAugust5thto7th, Halifaxbuyerswereclearlycaffeinatedand curious—showingshit376,440,and453 respectively.ThatAugust7thnumber?Thehighest oftheentiremonth.
Only40condossoldoutof205activelyonthemarket—that’sabouta 19.5%absorptionrate,whichissluggish.Anythingunder20%generally suggests a buyer’s market, where buyers hold the power and can affordtobepicky.Thinkofitasmusicalchairs…withwaymorechairs thandancers. 2.DaysonMarketSuggestBuyersAreHesitant
A 47-day average DOM isn’t catastrophic, but it’s long enough to say condosaren’texactlyflyingofftheshelves...
CONDOMINIUM MARKET DASHBOARD
Should Halifax Listing Agents Delay Offers?
TheScenario:WhenaBuyerWalks Away
Picturethis:Youfinallyfindtheright propertyinHalifax.It’sbeensittingon themarketformonths,withacouple ofpricedrops—thelatestabout30 daysago.Thenumberslookright, you’vepeggedmarketvaluewithina fewpercentofasking,andyouare readywithastrongoffer:
Cleanterms
Seller’spreferredclosingdate Normalconditions(fundingand homeinspection)
Then,curveball...
