Halifax Real Estate: What is happening in out market?

We all know that 2021 was an anomaly for real estate, not only in NS but in most of Canada. Record sales were met locally with properties selling up to and over $100k of listing price. The population grew from 413 000 people in 2020 to 439 819 in 2021. All of NS from 2020-2021 saw an increase of 58 234.

What is in the cards for us in 2022? Depending on who you speak with, some say that the market is slowing down, and we will actually be in more of a balanced market. Others believe that we will continue to grow.

I took the time to interview a group of brokers who are engaging with their office agents each day to get their opinions. Introducing Pam Cherington of Red Door Realty. Marc Doucette of Royal LePage Atlantic. Adam Hennigar of Sutton Professionals. Linda Smardon of Exit Metro.