The Halifax Real Estate MarketplaceThe Halifax real estate market includes all of Halifax Regional Municipality. The city is broken down into MLS area codes that are listed below.
As of the first quarter of 2019, The HRM real estate market is balanced and moving to a seller's market for the first time in years, moving away from a lengthy buyer’s market. Click here for the 2019 Q1 HRM Market Report.
Below are detailed market statistics for each of the areas.
Halifax is seeing a healthy economy due to the following primary reasons:
- There is a tremendous amount of government employment in Halifax including the military, hospitals, universities, municipal, Provincial and Federal Government departments and more; all seeing consistent transfers.
- Halifax is also the main business center in the Atlantic Provinces so there are many company transfers with their head offices located here.
- Halifax is also Nova Scotia's largest city so there is steady influx of people leaving the rural areas and relocating to Halifax.
- There are five large universities with a large population of students coming in from other countries to study with many investing in properties for accommodations. Often, they stay and move into larger homes, sell to return home or relocate.
So what can you expect if you purchase a home in Halifax? You can expect a steady marketplace with modest price increases and not the huge fluctuations that are seen in some of the larger cities in Canada. A solid, safe investment.
Click on the MLS Area Code for 2019 Q1 localized market report.AREA 1 - Halifax Central
AREA 2 - Halifax South (Peninsula)
AREA 3 – Halifax North
AREA 4 - Halifax West
AREA 5 - Fairmount, Rockingham, Clayton Park
AREA 6 - Fairview
AREA 7 - Spryfield
AREA 8 - Armdale, Purcell's Cove, Herring Cove
AREA 9 - Harrietsfield, Sambro & Halibut Bay
AREA 10 - Dartmouth Downtown - Burnside
AREA 11 - Dartmouth Woodside, Eastern Passage Cowbay
AREA 12 - Southdale, Manor Park
AREA 13 - Creighton Park, Albro Lake
AREA 14 - Montebellow, Port Wallis, Keystone
AREA 15 - Forrest Hills
AREA 16 - Colby Area
AREA 17 - Woodlawn, Portland Estates, Nantucket
AREA 20 - Bedford
AREA 21 - Kingswood, Haliburton Hills & Hammonds Plains
AREA 25 - Sackville
AREA 26 - Beaverbank, Upper Sackville
AREA 30 - Waverley, Fall River, Oakfield
AREA 31 - Lawrencetown, Lake Echo, Porter's Lake
AREA 35 – Halifax County East
AREA 40 - Timberlea, Prospect, St. Margaret's Bay
AREA 105 – East Hants, Colchester West