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Halifax Real Estate November 2024 Updates

Posted by Sandra Pike on Nov 13, 2024

Halifax Real Estate Market Update: October Overview and Trends

As we close out October, it’s clear that Halifax’s real estate market is in an interesting phase, marked by notable shifts in home sales, pricing trends, and buyer behavior. September’s low sales numbers set a cautionary tone, and October followed with similar market dynamics. Belo ...

Posted by Sandra Pike on Nov 07, 2024

The Impact of a 10% Tariff on Canadian Goods and Services on the Real Estate Market

The potential imposition of a 10% tariff on Canadian goods and services by the United States would create profound and far-reaching consequences on the economy. While much of the focus often lands on the immediate impacts to manufacturing, agriculture, and consumer goods, it’s crucial to consi ...

Posted by Sandra Pike on Nov 07, 2024

Claudia Chender’s Plan: Is She Missing the Mark on Affordable Housing in Nova Scotia?

The Nova Scotian housing market has become a topic of intense debate as we approach the next provincial election. Claudia Chender, the latest candidate running for Premier of Nova Scotia, has expressed her strong criticism of the Conservative-led government’s approach to the housing crisis. Ch ...

Posted by Sandra Pike on Nov 07, 2024

Pre-Confederation Waterfront Lots in Halifax: Owning More Than Just the Shoreline

If you're exploring waterfront properties in Halifax, you've probably come across the term "pre-Confederation" waterfront lots. These unique parcels of land come with fascinating historical roots and legal distinctions that can be a game-changer for property owners along the Northwest Arm and Halifa ...

Posted by Sandra Pike on Oct 09, 2024

Thinking About Investing in Halifax Real Estate? Here’s What You Need to Know Before Attending Those “Too Good to Be True” Seminars

I’ve seen it happen time and time again—those flashy ads saying, “Join our seminar and learn the essential tools and resources to fast-track your real estate success.” But let's take a closer look. The hosts of these seminars often come from out of town—like Steve Hipp ...

Posted by Sandra Pike on Oct 09, 2024

Halifax Real Estate Update: What Really Happened in September 2024

September 2024 turned out to be the slowest month we've seen since March, with the Halifax real estate market cooling down significantly. Here's a closer look at the numbers: only 345 single-family homes sold in September, compared to 296 in March. Even August, typically a bustling summer month, saw ...

Posted by Sandra Pike on Oct 09, 2024

The Biggest Mistake Sellers Are Making: Overpricing Their Homes

One of the most common mistakes I see sellers make is overpricing their homes. It’s understandable—you want the best return on your investment! But in a market like Halifax, overpricing can actually hurt your chances. In Halifax, homes priced too high tend to sit longer on the market, e ...

Posted by Sandra Pike on Sep 11, 2024

Debunking the Biggest Myths in the Halifax Housing Market

If you’ve been scrolling through social media or chatting with friends lately, you’ve probably heard all sorts of opinions about the real estate market. With so many myths out there, it’s easy to feel confused about what’s really happening—especially in our vibrant city ...

Posted by Sandra Pike on Sep 11, 2024

Why Are Some Builders’ Homes More Expensive Than Others in Halifax?

When you're in the market for a new home, especially in a growing city like Halifax, it’s easy to notice that prices can vary significantly from one builder to another. While all new homes may seem similar at first glance, many factors influence why one builder's home might cost more than anot ...

Posted by Sandra Pike on Sep 11, 2024

Is the Halifax Real Estate Market really BOOMING?

THE MARKET IS BOOMING IN HALIFAX. This is the trend that most agents have on their Instagram Accounts. Call me pessimistic, but I don’t see the market changing in Halifax unless rates are below 4% and there is more inventory to choose from. We are in a “Cinderella state of m ...

Posted by Sandra Pike on Sep 11, 2024

Halifax Real Estate August 2024 Updates

Posted by Sandra Pike on Aug 16, 2024

When Is the Best Time to View a Home? Why Rainy Days Might Be Ideal

When it comes to buying a home, timing is everything. While most people prefer to schedule viewings on sunny, clear days, there’s a strong argument for stepping inside your potential new home when the skies are gray and the rain is falling. A rainy day can uncover details about a property that ...

Posted by Sandra Pike on Aug 16, 2024

The Impact of Interest Rate Drops on Halifax’s Real Estate Market: A Shift Toward Balance

The real estate market in Halifax has long been a topic of intense discussion, especially with recent shifts in interest rates. While many might assume that a drop in interest rates would naturally ignite a surge in home buying, the reality is far more nuanced. In Halifax, the anticipated boom might ...

Posted by Sandra Pike on Aug 16, 2024

How We’re Evolving to Better Serve Our Sellers: A Personal Touch in Real Estate

In the real estate world, things are constantly changing, and as agents, it’s our job to adapt and find better ways to serve our sellers. Not a day goes by that I don’t sit and ponder how I can improve the experience for those trusting me with the sale of their homes. The journey through ...

Posted by Sandra Pike on Aug 16, 2024

Halifax Real Estate July 2024 Updates

Posted by Sandra Pike on Jul 26, 2024

Halifax Real Estate May 2024 Updates

Wondering about what has been happening in our current market?

Posted by Sandra Pike on Jun 24, 2024

Halifax Zoning Changes and Accelerator Fund: Transforming Housing Development and Urban Growth

Halifax is undergoing significant changes in its zoning regulations aimed at addressing the growing demand for housing. These changes are part of a broader strategy to accelerate housing development and improve the urban landscape. This article explores the new zoning regulations, the introduction o ...

Posted by Sandra Pike on Jun 04, 2024

The Impact of Price Per Sq Ft on Home Building Decisions?

When embarking on the journey of building a home, price per square foot is a crucial factor that many potential homeowners consider. This metric serves as a fundamental guideline, providing insights into the overall cost and value proposition of their dream home. Understanding whether consumers focu ...

Posted by Sandra Pike on Jun 04, 2024

Halifax New Construction Market Update 2024: A Closer Look at Trends and Pricing

The Halifax real estate landscape is continually evolving, and 2024 has been a pivotal year for new construction in the region. At The Pike Group, we’ve kept a close eye on the market, tracking 25 prominent builders to bring you the latest insights and trends. Key Highlights from Hali ...

Posted by Sandra Pike on Jun 04, 2024
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Check Our Podcast and Youtube Videos

Halifax Real Estate: The New Deed Transfer Tax Will It Help With the Housing Crisis?

Are we still the friendly province? Our commercials certainly tell the tale that we are. However, as of April 01, 2022, we proudly state that we are not. Thank you to all of those who purchased locally our beautiful summer homes, here is a new tax bill.

New Mortgage Rates and our Market

Today I am interviewing Ian Angus of Royal Lepage Atlantic and Leanne Myles of the Clinton Wilkins Mortgage Team. The talk on the street is that people should not purchase any types of homes only if necessary. Rates have gone through the roof and home prices keep increasing. Some state that we are headed for a recession. Are these the thoughts of all local industry members?

Halifax Real Estate: It's All On The Table

We decided to have an open session today on any topic we could think of. Will open bidding work in our market? Should we be able to discuss pricing in an open forum? And much more. Join me, Sandra Pike as I host Adam Hennigar [Sutton] and Chandler Haliburton [Remax] as we put it all on the table for discussion.

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