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(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 360 (433, 411, 362, 248) *250 Sold: 215 (243, 211, 201, 170) *245 Sale To Listing Ratio: 60% (56%, 51%, 56%, 69%) *98% Price Changes: 95 (86, 63, 48, 35) *39 Listings that went conditional/pending: 259 (258, 266, 270, 169) *204 Expired/Cancelled/Withdrawn: 44 (46, 61, 35, 38) *40 Total Active Halifax/Dartmouth Inventory: 872 (893, 793, 712, 675) +971 Absorption Rate in weeks: 4 (4, 4, 4) *3 Single Family Home Stats Active Single Family Home: 380 (422, 332, 293, 269) *350 Average Single Family Home List Price: $529,554 ($566k,$501k,$540k,$481k) *$453k Average Single Family Home Selling Price: $608,986 ($645k,$571k,$619k,$570k) *$508k Single Family Home Sale to List Ratio This Week: 115% (114%, 114%, 115%, 119%) *112% Median Single Family Home List Price (6 mo): $449,900 ($450k,$445k,$440k,$430k) *$380k Median Single Family Home Sold Price (6 mo):$540,000 ($$532k,525k,$520k,$515k)*$415k Average Days on Market Single Family Home: 8 (12, 14, 9, 9) *14 Condo Stats Active Condos: 78 (72, 69, 58, 53) *78 Average Condo Listing Price: $420,320 ($398k, $515k, $653k, $405k) *$424k Average Condo Selling Price: $482,680 ($452k, $565k, $705k, $480k) *$436k Condo Sale to List Ratio This Week: 115% (114%, 110%, 108%, 118%) *103% Median Condo List Price (6 mo): $384,700 ($380k, $380k, $380k, $372k) *$305k Median Condo Sold Price (6 mo): $445,000 ($435k, $430k, $425k, $422k) *$325k Average Days on Market Condos: 7 (7, 23, 61, 5) *13 Active Vacant Lots: 248 (242, 244, 235, 234) *420 Market Rant Well that was short lived! After a few weeks of inventory recovery, we ended up taking a reduction this week, kicking us back down below the availability last year. Single family home sales are the culprit, and it would seem that buyers are back at the search after a few months of waiting for options. A few less listing entries to the market than reported in the last couple of weeks, but still a good showing, and much better than last year at this time. Price change numbers continue to rise this week, and looking over them, the percentage of those that are reductions are starting to increase weekly. For the last year, price change have been few, and the ones that have occurred have been increases, which could be another indication that prices are starting to plateau and the market levelling out. Reports around the Country have confirmed a slowing in most markets, and this week, it was reported that Canada's average home price reduced and sales fell for the first time in two years amid rising rates. You could feel it on the front lines here in Halifax, it was a noticeable drop in activity overall, and just some things happening that hadn't happened in a couple years started to be noticed. Price reductions were one of them, and certain areas/price points actually survived the offer hold over window. Certainly there are many factors involved with the market deflation locally, but early signs of the national market cooling had already started, and it seemed to be directly linked to the rise of interest rates. Couple that with buyer fatigue, unsustainable housing prices, and it was only a matter of time before things started to change. Question is, are we finally at the peak, or another false crest? The next few months will be critical in determining the answer, but one can only think that with every other market across the country cooling, Halifax will be not be an exception. Time will tell, and I have you covered, so stay tuned to the blog to stay on top of this dynamic market! Thanks for stopping by! The Weekly "Adogtable" Hello all, my name is Oliver! I arrived in Canada two weeks ago from Louisiana. I have to say, I am pretty happy with the move so far! I am only 9 months old, weigh about 30 lbs. and am a terrier mix. I'm now ready to start the search for my forever family. I love my foster parents very much, therefore I take every opportunity to cuddle with them. Let me be very clear, I LOVE to cuddle, it’s my favorite thing in the whole wide world! I am pretty outgoing and social, no matter who you are, I am going to request cuddles! I also like my furry canine foster sister, but she is a teenager. My foster mom explained to me that teenagers need their space, and I respect that! I am very polite and respectful with her and to thank me, sometimes she will play with me outside! We play very well together according to my foster mom. That being said, don’t tell my sister, but I think she is a little boring. A sibling with a little more energy would probably be much more fun. Actually, I would really love a canine sibling to play with! When I am done playing and cuddling for the day, I have a little bed beside my foster parents’ bed where I spend the night without making a single noise, except a little snore here and there! As for my perfect home, an apartment or a house would both be fine. I don’t bark very often and will immediately stop if my foster parents tell me to. A yard would be cool, but going for daily walks is fine by me! I would rate my energy level as medium. I had a few potty accidents inside the house after my arrival but my foster mom figured out my weakness: cheese! If I potty outside, I get a little piece of cheese, what a deal! I only had 2 accidents this past week! For the first week I was feeling a little unsure about my foster parents leaving the house. Thankfully my foster mom found a great solution for me! I need to have access to a window to be able to distract myself by looking outside! After about an hour of looking outside, I take a little nap, and wait for them to come back! Overall, my foster mom thinks that to know me is to love me! I am good with men, women and other animals. I think I would like children as well. I am a very happy and gentle soul. Now I have to go. My foster mom is tearing up… I have to let her know that I will love her forever, even after finding my new forever family. Am I the sweet, handsome, gentle soul you've been looking for? Then fill out an application today!! My adoption fee is a $450 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 This "cuddly companion" is available through the Save a Life Canada Animal Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often!  VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 433 (411, 362, 248, 337) *251 Sold: 243 (211, 201, 170, 181) *303 Sale To Listing Ratio: 56% (51%, 56%, 69%, 54%) *121% Price Changes: 86 (63, 48, 35, 54) *39 Listings that went conditional/pending: 258 (266, 270, 169, 266) *267 Expired/Cancelled/Withdrawn: 46 (61, 35, 38, 38) *43 Total Active Halifax/Dartmouth Inventory: 893 (793, 712, 675, 655) +880 Absorption Rate in weeks: 4 (4, 4) *3 Single Family Home Stats Active Single Family Home: 422 (332, 293, 269, 245) *290 Average Single Family Home List Price: $565,539 ($501k,$540k,$481k,$504k) *$446k Average Single Family Home Selling Price: $645,225 ($571k,$619k,$570k,$609k) *$494k Single Family Home Sale to List Ratio This Week: 114% (114%, 115%, 119%, 121%) *111% Median Single Family Home List Price (6 mo): $449,900 ($445k,$440k,$430k,$430k) *$380k Median Single Family Home Sold Price (6 mo):$531,500 ($525k,$520k,$515k,$510k)*$415k Average Days on Market Single Family Home: 12 (14, 9, 9, 7) *21 Condo Stats Active Condos: 72 (69, 58, 53, 52) *74 Average Condo Listing Price: $397,458 ($515k, $653k, $405k, $454k) *$377k Average Condo Selling Price: $452,014 ($565k, $705k, $480k, $513k) *$397k Condo Sale to List Ratio This Week: 114% (110%, 108%, 118%, 113%) *105% Median Condo List Price (6 mo): $379,900 ($380k, $380k, $372k, $375k) *$305k Median Condo Sold Price (6 mo): $435,000 ($430k, $425k, $422k, $421k) *$325k Average Days on Market Condos: 7 (23, 61, 5, 5) *16 Active Vacant Lots: 242 (244, 235, 234, 241) *406 Market Rant Just like that, we are back on par with inventory levels of last year, which is big news! What almost seemed like a hopeless task (getting back to an inventory gaining market), has finally shed a little light on what some buyers are considering "dark times". You can see it on the websites, and notice it on the front lines though; more options and better selection to toss your hat in the ring for, which is giving a bit of hope back to buyers our there looking for their Halifax property. Listings are still receiving multiple offers in most cases, but the word on the street is that they are reducing in number, despite the overbids not coming down in value. At some point that will change, so it will important to keep an eye on the bids coming in on the last day of the offer holdover period. Single family homes are by far the leader in the gain this week, adding almost 100 new units this week, which was desperately needed, and hopefully more on the way! All eyes on the next few weeks to see if this listing momentum will carry into the rest of the Spring, or if it will be short lived. The good news is that we have stopped the yearly decimation of the inventory. HRM has been reducing its inventory by half each year for over the last two years, and this is the first time we have seen a climb back since the beginning of the pandemic market. Interesting times indeed, so be sure to stay tuned to the blog to stay on top of our rapidly changing market! Thanks for stopping by! The Weekly "Adogtable" Hi everyone! My name is Remy and I am a short legged Catahoula mix weighing around 30lbs. I am only between 1-2 years old with my whole life ahead of me. I came all the way from Louisiana to find my forever home and have been loving Canada so far! I am a very smart boy who knows how to sit, lay down, and come when called. I am fully housetrained and non-destructive. I walk pretty well on a leash, but I do pull a bit sometimes if I see someone or something that I REALLY want to sniff! However, I respond well to a firm “no” when I’m getting into something I’m not supposed to. I love going for walks and have adjusted quickly to the different sights and sounds of the city. I do have some vision issues due to my color/genetics, but it doesn’t slow me down at all! I’m super friendly with other dogs and people and steal the hearts of everyone I meet! I take a little longer to warm up to men but as long as they give me my space and let me approach them first, we’ll become best friends! My absolute favourite thing to do is snuggle up on the couch. When I see my foster mom heading for the living room, I get so excited and immediately jump up and lay beside her for cuddles! I like to keep her in sight so sometimes I’ll follow her around a bit. I’d much rather sleep in her bed but I will sleep in my own. I whine a little when left home alone, but usually can settle down on my own and am sleeping by the time anyone comes home! I am usually great with visitors to my foster home, but I have exhibited a bit of resource guarding lately over my foster mom when people came to visit, nipping at them. I would definitely be better suited in a home with someone who has dog experience and can help me build my confidence. I have not been tested around kids or cats yet, or with other dogs in the home. All in all, I am a super sweet, active, and loving boy who needs a little help to be the best me that I can be. I can’t wait to find my forever family. My adoption fee is a $400 donation to the rescue to help save more dogs like me. I will be neutered soon, I am vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 This "cuddly companion" is available through the Save a Life Canada Animal Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often! VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 411 (362, 248, 337, 386) *261 Sold: 211 (201, 170, 181, 199) *269 Sale To Listing Ratio: 51% (56%, 69%, 54%, 52%) *103% Price Changes: 63 (48, 35, 54, 41) *42 Listings that went conditional/pending: 266 (270, 169, 266, 227) *264 Expired/Cancelled/Withdrawn: 61 (35, 38, 38, 55) *79 Total Active Halifax/Dartmouth Inventory: 793 (712, 675, 655, 675) +917 Absorption Rate in weeks: 4 (4) *3 Single Family Home Stats Active Single Family Home: 332 (293, 269, 245, 265) *320 Average Single Family Home List Price: $501,104 ($540k,$481k,$504k,$502k) *$427k Average Single Family Home Selling Price: $570,501 ($619k,$570k,$609k,$600k) *$480k Single Family Home Sale to List Ratio This Week: 114% (115%, 119%, 121%, 120%) *112% Median Single Family Home List Price (6 mo): $445,000 ($440k,$430k,$430k,$430k) *$380k Median Single Family Home Sold Price (6 mo):$525,100 ($520k,$515k,$510k, $505k)*$415k Average Days on Market Single Family Home: 14 (9, 9, 7, 7) *12 Condo Stats Active Condos: 69 (58, 53, 52, 60) *90 Average Condo Listing Price: $514,542 ($653k, $405k, $454k, $503k) *$336k Average Condo Selling Price: $565,285 ($705k, $480k, $513k, $525k) *$370k Condo Sale to List Ratio This Week: 110% (108%, 118%, 113%, 104%) *110% Median Condo List Price (6 mo): $379,900 ($380k, $372k, $375k, $370k) *$305k Median Condo Sold Price (6 mo): $430,000 ($425k, $422k, $421k, $420k) *$325k Average Days on Market Condos: 23 (61, 5, 5, 29) *27 Active Vacant Lots: 244 (235, 234, 241, 242) *404 Market Rant We have lift off! After a questionable late winter/early Spring inventory showing, we finally have a few good weeks of gain, with this week really bumping things up. Increases in all tracked products this week, but Single Family Homes definitely had the most significant increase thanks to a big dump of new listings. The increases over the past few weeks have closed the gap between last year and this year, and this week we are just over 100 properties away from matching the overall numbers from then. That is significant news to wary buyers out there waiting for their chance to get into the market. Could be a small window of opportunity, or things could continue to trend this way for the foreseeable future, but we will need more time to confirm. In any case, it is a welcomed change for buyers, to see more options out there and perhaps a bit less competition. Values took a hit this week in the weekly reports, but the six month median prices still had gains. A few interesting notes this week was the increase of days on market, elevated price changes, and listings that exited the market entirely. There has been reports of various other markets starting to cool around the country, namely Calgary and Toronto which took a big hit in March (GTA), but has since dropped another 27% since then, down 41% in sales from this time last year. Can't really say I'm all that surprised, nor will I be when it happens here as well. It has been an incredible market here in the last two years, but what goes up must come down. Will we see Toronto sized numbers? I don't think so, but there is bound to be a correction or plateau in values at least. Halifax is still somewhat affordable compared to other, larger markets, so that should sustain activity here for a bit longer. Naturally, when/if inventory ever recovers, it will trigger the basic fundamental of supply and depend. As demand is met, expect the overbids to decrease, and eventually disappear all together. Again, this could be a hiccup in the market, but signs are pointing to a cooling. Only time will tell, so make sure to stay tuned to the blog to stay on top of things. Thanks for stopping by! The Weekly "Adogtable" Our names are Pixie (11 years old, female, 17lbs) and Weavel (7 years old, male, 14lbs) and we are a senior bonded chihuahua mix pair! We started our journey in Texas a few years ago, we thought we found our forever home but it turns out they weren't the ones 😔 we are now hoping this time will be the last! Life can really suck you know. It hasn’t been kind to me, I’m Weavil and I am the perfect example of how resilient a dog can be. My journey started in a kill shelter in Texas, I was homed, and then came back into foster care several months ago. I am diabetic. My sugars have been stabilized by two tiny shots of insulin a day. Insulin needles are small and sharp, I barely notice them, foster mom even stabbed herself once, and she agreed, not so bad. Unfortunately the other side effect of my diabetes is my vision, my diabetic cataracts make it harder to see now. My foster mom tells me not to worry because my vision loss doesn’t make me any less loveable. I love my foster family very much and will whine and wiggle when one of them comes home. In fact I will crawl right up your body to get the hugs I deserve. I am a little leary of strangers, I might bark a bit, but not aggressively. I also love my sister Pixie, we are a bonded pair and hope to stay together forever, she is a sweet little Texas belle. I have a very good appetite, and am very food motivated. This is a small issue in my foster home, they already have a full house, people and critters. I can get a little snappy at food time when everyone is going crazy, so my foster mom separates us, so everyone gets along. The same dogs that I see as competition in the food fiasco are the dogs I might be snuggling with later. I will let out a warning growl to them to know what’s coming, so it is easy to avert. My sister and I never fight, we will even share with each other. In this regard it would make it easier on us if we were the only dogs. The cat is a non issue for me, she doesn’t like dog food. Pixie or the other hand she is curious about the cat so we think it'll be easiest if there are no kitties in our forever home either. We do just fine when left home alone as long as there is a cozy place to snuggle up in together. We would really love it if you let us sleep in your bed with you at night but we will sleep in our bed close by as well. Our perfect home would be a quieter one, we haven't met many kids but think we would prefer an adult only home to enjoy some easy senior years! Easy access to an outdoor space would be ideal. It could be a deck or yard. Even with my vision loss I will get around and do my business outside if I have a safe place to explore. We are house trained if you keep us on a schedule and watch our cues. We will walk on a leash, but we don’t need to do marathons for sure. We don’t mind the car, or the vet. If you want company and someone to share your space with, love you and make you feel special, we are your perfect pets. Do you think we'd be a good match? Our adoption fee is a $300 donation to the rescue to help save more dogs like us. We are spayed and neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all our doggy papers to come home to you! You can apply for us at https://form.jotform.com/60895241776264 This "cuddly companion" is available through the Save a Life Canada Animal Rescue, a non profit rescue organization from Nova Scotia. More info about them and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often! VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 362 (248, 337, 386, 263) *296 Sold: 201 (170, 181, 199, 149) *301 Sale To Listing Ratio: 56% (69%, 54%, 52%, 57%) *102% Price Changes: 48 (35, 54, 41, 18) *59 Listings that went conditional/pending: 270 (169, 266, 227, 200) *346 Expired/Cancelled/Withdrawn: 35 (38, 38, 55, 37) *48 Total Active Halifax/Dartmouth Inventory: 712 (675, 655, 675, 577) +994 Absorption Rate in weeks: 4 () *19 Single Family Home Stats Active Single Family Home: 293 (269, 245, 265, 215) *364 Average Single Family Home List Price: $540,045 ($481k,$504k,$502k,$499k) *$419k Average Single Family Home Selling Price: $618,478 ($570k,$609k,$600k,$611k) *$477k Single Family Home Sale to List Ratio This Week: 115% (119%, 121%, 120%, 122%) *114% Median Single Family Home List Price (6 mo): $439,900 ($430k,$430k,$430k,$425k) *$380k Median Single Family Home Sold Price (6 mo):$520,000 ($515k,$510k, $505k,$499k)*$411k Average Days on Market Single Family Home: 9 (9, 7, 7, 9) *14 Condo Stats Active Condos: 58 (53, 52, 60, 37) *101 Average Condo Listing Price: $653,386 ($405k, $454k, $503k, $386k) *$280k Average Condo Selling Price: $705,394 ($480k, $513k, $525k, $471k) *$348k Condo Sale to List Ratio This Week: 108% (118%, 113%, 104%, 122%) *124% Median Condo List Price (6 mo): $379,650 ($372k, $375k, $370k, $370k) *$303k Median Condo Sold Price (6 mo): $425,000 ($422k, $421k, $420k, $405k) *$325k Average Days on Market Condos: 61 (5, 5, 29, 9) *10 Active Vacant Lots: 235 (234, 241, 242, 233) *412 Market Rant Finally, another week of solid, notable market recovery activity this week. Inventory took a bump in all tracked products, and the gap between this year and last years overall volume is starting to close. WIth more selection around the city, buyer attention has been divided and has caused a noticeable decrease in individual listing traffic. Perhaps this is one of those "pockets of opportunity" that become available from time to time, or perhaps we are finally on the way to cooler market times. A few more weeks of this activity and we will definitely be on a path to better times for buyers, and perhaps a bit of a different reception for sellers. It is the Spring market though, and higher volumes of new listing additions usually trend this time of year. Sure, we are missing some of the local lateral move inventory, and the some of the relocation inventory, and even new construction options, but will all that said the market does appear to be softening (for the moment at least). Values took another jump this week, which will likely continue as the stats catch up to the current market, and the overbid amounts seem to be holding fast on their averages as well. Exciting times for many as market fatigue has definitely taken its toll on weary buyers just trying to get in, and has even been challenging for many of the various professionals in the industry. Another false crest, or are we finally starting the decent? Only time will tell, so make sure to stay tuned to the blog to keep tabs on the market! Thanks for stopping by! The Weekly "Adogtable" Hello everyone, I’m Ollie, a 9 month old pitty mix boy weighing approximately 45lbs. I made my way to Canada from Texas, where I was found as a stray and I am ready to start searching for my forever home. I’m a playful fella who loves toys of all kinds but squeakers are my favourite. I will play fetch but I’m still working on bringing the ball back. Balls are fun! I am a little nervous when I first meet people and sometimes will growl but stop quickly, especially if you have a treat for me. I love treats! Children older than 12 are recommended due to my size and age as I can easily knock over a smaller child because I don’t realize my size and strength. I walk great on leash and do not pull at all. I’m also perfect in the car and usually just curl up on the seat and take a nap. My foster mom uses the command “Load Up!” and I jump right in. I am almost housetrained. I do most of my business outside but you have to take me out immediately after I eat/drink any amount of water. If I have an accident it is in front of the door but I don’t make any noise or indication to go out so sometimes my foster parents miss getting me out quick enough and then I will have an accident. I am getting so much better because they keep a close eye on me and know if I head to the door, I need out. Smaller animals are a big NO for me, cats, dogs or other. After almost 2 weeks of living without incident in my current foster home, I grabbed my little fur foster sister, thankfully she is going to be ok, but clearly I can't be trusted with littles. I also don’t think living with a low energy dog is ideal as I don’t know when to quit playtime and it can make another dog upset with me when they’ve had enough. I have no issues with resource guarding at all. I do bark a fair amount so apartments probably aren't ideal for me. I am crate trained for when I’m left alone, although I haven’t had to be in one for a while because my foster momma is home from work right now so I haven’t been alone much. My favourite place to sleep is in bed with my humans. Most times I climb under the covers and use the pillows. I think I’m part human sometimes. I am such a handsome boy, everyone falls in love with me! I hope my forever family is out there waiting and sees how wonderful I am! My adoption fee is a $450 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 This "cuddly companion" is available through the Save a Life Canada Animal Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often! VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 248 (337, 386, 263) *378 Sold: 170 (181, 199, 149) *296 Sale To Listing Ratio: 69% (54%, 52%, 57%) *78% Price Changes: 35 (54, 41, 18) *60 Listings that went conditional/pending: 169 (266, 227, 200) *358 Expired/Cancelled/Withdrawn: 38 (38, 55, 37) *44 Total Active Halifax/Dartmouth Inventory: 675 (655, 675, 577) +1,031 Single Family Home Stats Active Single Family Home: 269 (245, 265, 215) *407 Average Single Family Home List Price: $480,735 ($504k, $502k, $499k) *$413k Average Single Family Home Selling Price: $570,132 ($609k, $600k, $611k) *$462k Single Family Home Sale to List Ratio This Week: 119% (121%, 120%, 122%) *112% Median Single Family Home List Price (6 mo): $429,900 ($430k, $430k, $425k) *$380k Median Single Family Home Sold Price (6 mo):$515,000 ($510k, $505k, $499k)*$403k Average Days on Market Single Family Home: 9 (7, 7, 9) *20 Condo Stats Active Condos: 53 (52, 60, 37) *141 Average Condo Listing Price: $405,426 ($454k, $503k, $386k) *$329k Average Condo Selling Price: $479,218 ($513k, $525k, $471k) *$355kk Condo Sale to List Ratio This Week: 118% (113%, 104%, 122%) *108% Median Condo List Price (6 mo): $372,400 ($375k, $370k, $370k) *$310k Median Condo Sold Price (6 mo): $422,047 ($421k, $420k, $405k) *$325k Average Days on Market Condos: 5 (5, 29, 9) *11 Active Vacant Lots: 234 (241, 242, 233) *397 Market Rant You could feel it slow down a touch, and most tracked stats hit a lull this week. Perhaps it was the Easter long weekend, or maybe the weather kept folks at bay, but listings took a break and reported the lowest new listing addition in over a month, and the prices cooled a touch as well. Annually, however, we should see a wave of inventory hit the market in the next few weeks, since this time of year is usually the start of our true Spring market. The next few weeks will be huge in indicating which way the market will lean for the remainder of the year, and could possible have ongoing implications for the future market as well. Too early to tell if the interest rate hike, or the new tax implementation has had an impact yet, but those factors should start to be felt in the next few weeks. The big question on everyones tongue is "how much longer will the market sustain?", which is truly a very difficult question to answer. Predictability is just not in the cards for the Halifax real estate market right now, but if I had to take an educated guess, I would say we are in the early stage for a cooling in the market, at least in some areas and price points. Million dollar+ homes on the outside of the peninsula are sticking around in some areas, and not all properties are being met with the same buyer eagerness that we have seen in the last couple of years. Of course, there are still properties that are garnering the attention of buyers, which are mostly turn-key and priced just under true market value. The Weekly "Adogtable" Hey everyone! My name is Max. I’m a 4 year old fixed Lab/Rottweiler mix boy and I’m 80 lbs. I was a local surrender because I started to become upset with the children in the home. That was 4, long, months ago and I'm still waiting for my forever home. I've watched many dogs come and go through the rescue doors and can't help but wonder why noone chose me. I really am a good boy, I just need a bit of time to feel comfortable. But I'm not giving up hope that my forever family is out there somewhere and will see my beauty through my quirks. Fingers crossed for me!! I am fully house trained. I have never had any accidents in the house. I am also non-destructive as you can tell by my toys. They are still looking fine after many months. As mentioned I did live with kids at my last place and we weren’t an ideal match. I’d probably do best in a home with respectful children over the age of 15. It took me a few days to get used to a large resident pup and cat but now that I've been an only dog for a while I think this might be my ideal home. I wasn't a fan of being around a smaller dog than me but dogs my size or bigger I'd still like to play with outside the home. I get a little nervous and I’ll growl if people get too close too quickly and catch me off guard, but I warm up pretty fast if you give me some space first. Once I am comfortable with you, I’ll accept love in the form of pets anytime! I'm much more calm and quick to accept when the humans don't have those funny masks on their face. Once I put my trust in you completely, I’ll follow you to the ends of the earth. And become a very submissive boy. The one place I really don't like is the vet! I will need some medication beforehand to try and help me calm down. Maybe with my forever family we can take some trips to the vet and just walk around so I can start to learn it doesn't have to be a scary place. I love going for walks! I’ve also got great skills in the recall department. I’ll sit at the door and wait to go out to do my business. I don’t mind going in the car with you, but you’ve gotta let me hang my head out the window. If you need to leave the home without me, I bet you’ll hear me howl through the walls when I hear your car come back. I get super excited knowing that you came back to me! I’m a super cuddly guy that would love to lie on the couch with you or on your bed. My foster paw-rents gave me my own bed but I’d much rather be on theirs. My afternoon snore sessions are usually on the couch by the window so I can protect my owners. I have a preference for the human food (aka anything but greens). Chicken based kibble seems to make me a little itchy, so I am staying away from all chicken, even though I look like I want it!. I love treats, and would love to eat only treats but, of course, I can't. I know how to sit, give paw, stand up, wait for my supper, and lay on my bed. I love to flip bottom up and make all sorts of funny noises and put on quite a show when it’s playtime. I love the crinkly toys and ropes the most. I can also make you tired when I get a good toy and if you start to chase me! I can't help but grunt while running around so I hope you can have fun with me. My ideal day would be to wake up on my own accord without having to be pried off my bed. Let’s be real, the mornings are getting cold! Next, I’d attempt to sway your heart to stay home from work, but relaxing on the couch while you’re gone isn’t so bad either. Once you return after what feels like an eternity, I would give you all my love and appreciation. I would have a play session and a walk with you, and then chill out on the couch again. My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 This "cuddly companion" is available through the Save a Life Canada Animal Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often! VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 337 (386, 263) *450 Sold: 181 (199, 149) *316 Sale To Listing Ratio: 54% (52%, 57%) *70% Price Changes: 54 (41, 18) *60 Listings that went conditional/pending: 266 (227, 200) *363 Expired/Cancelled/Withdrawn: 38 (55, 37) *50 Total Active Halifax/Dartmouth Inventory: 655 (675, 577) +1,025 Single Family Home Stats Active Single Family Home: 245 (265, 215) *437 Average Single Family Home List Price: $503,735 ($502k, $499k) *$434k Average Single Family Home Selling Price: $609,392 ($600k, $611k) *$496k Single Family Home Sale to List Ratio This Week: 121% (120%, 122%) *114% Median Single Family Home List Price (6 mo): $429,900 ($430k, $425k) *$380k Median Single Family Home Sold Price (6 mo):$509,500 ($505k, $499k)*$400k Average Days on Market Single Family Home: 7 (7, 9) *11 Condo Stats Active Condos: 52 (60, 37) *99 Average Condo Listing Price: $454,500 ($503k, $386k) *$339k Average Condo Selling Price: $512,500 ($525k, $471k) *$366kk Condo Sale to List Ratio This Week: 113% (104%, 122%) *108% Median Condo List Price (6 mo): $374,900 ($370k, $370k) *$309k Median Condo Sold Price (6 mo): $420,500 ($420k, $405k) *$321k Average Days on Market Condos: 5 (29, 9) *66 Active Vacant Lots: 241 (242, 233) *369 Market Rant Well that was short lived! After some good news for weary buyers out there last week, inventory has taken a step back and bucked the annual trend with a reported reduction this week. What seemed like a bit of light at the end of the tunnel has an all too familiar darkening around the exit, again. Spring usually sees the peak of inventory annually, and we should be well under way at this point, but we just can't seem to get off the starting blocks. Perhaps this week was a little slower due to the approaching long weekend, prompting sellers to wait that one extra week to hold their showing window. Easter weekend does tend to draw attention away from the market, a much needed reprieve for many. Another consideration is the amount of properties that changed listing status. A good amount of inventory hit the market last week, and most, if not all, received and accepted what I sure was multiple offers. Once that happens, listing status will change to "pending" or "conditional sale", removing the listing from the active inventory pile. There was a sizeable amount of listings that accepted an offer this week, contributing to the inventory report. Values continue to creep up on a weekly basis, which was noted to happen due to the size of the overbids this year, the stats are just starting to catch up is all. The forecast is that the overbids should cool a bit once more inventory arrives, but with a few key groups not contributing to the annual inventory churn, the question is if we will get lift off at all. Might be an "all at once" sort of event, but I have the feeling it will be a more gradual return once some of the over the top pressure starts to wain. Only time will tell, so stay tuned to blog to stay on top of the market and stay informed! Thanks for stopping by! The Weekly "Adogtable" Hi everyone, my name is Jonah and I am a 1 year old, 10 pound Texan chi mix boy who recently made my way to Nova Scotia looking for my forever home. I was previously posted but some new, very important information about me has come to light that people need to know. You can read more about that below. I recently went on a trial adoption but it didn't go well, a side of me surfaced that my rescuers hadn't seen before. You see, I used to be the chillest little guy but recently, the honeymoon stage has worn off and now I am very protective of my home space so much so that I will charge men and grab their pants and jump and grab their shirts even too. Being returned to my foster home, I'm still perfectly fine with my foster dad. However I'm also a little bit too interested in the kitty now and not as nice. So probably no kitties would be ideal. I will need a confident handler to get over my reactiveness. Confidence classes would most likely be beneficial for me too. Now that I've told you my Achilles heel, let's talk about all my good qualities. I barely shed, which doesn't mean that I'm hypoallergenic. I love to play with my foster fur siblings (and neighbours, I’ve never met a dog here I didn’t like), so a fur sibling for me would be great. I could be happy in a home where I am the only dog as long as I have some furry friends to play at my disposal. I am not intimidated by other dogs, and have even won over my foster brother who apparently doesn’t always like other boys. I haven't met any kids and I don't think that would be wise until I get my attitude in check. I am really not a fan of the cold, and it is hard for me to go bathroom out there sometimes, so I should learn how to use a pee pad (but I haven’t yet because my foster sibling keeps eating them). I still have accidents even on the nicer days so I still need work with house training which is possible with routine, structure, and patience. I’m not really that shy, maybe just the first time we meet I will be a little bit, but when I feel at home I am goofy and cuddly and like Velcro – stuck right onto your lap. I love to snuggle in my foster mom’s arms while she works. I walk well on a leash, though don’t always see the point of just going outside and walking around, when I could be running around the house with all my toys. My favourite toys are stuffies with crinkles in them, followed by small dog-safe chewies. I don’t guard my food or toys from the other dogs or cat. Being a stray, you always worry about where your next meal is coming from. I am still getting used to not having to rummage around looking for food. If you give me the chance I will go through the garbage and climb up onto the dinner table looking for scraps. So keeping these things off limits to me is a must so I don’t accidentally ingest something I shouldn’t. If you don’t want dogs on the furniture then I am not the dog for you: I love to snuggle, climb and cuddle wherever you are sitting. I insist on sleeping with you in bed and sharing your pillow. Sometimes I am a bit clumsy and fall off of furniture so I need help being safe. I may not sleep my first night because of nerves, but once I feel comfy in my new home, that will be a non issue. I am a very good boy in the car, and when I hear “good boy” my whole face lights up 😊. So with lots of praise, I'm sure my couple of issues will be a thing of the past in no time. Have you been looking for a fur friend like me? My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 This "cuddly companion" is available through the Save a Life Canada Animal Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often! VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous week numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 386 (263) *420 Sold: 199 (149) *239 Sale To Listing Ratio: 52% (57%) *60% Price Changes: 41 (18) *41 Listings that went conditional/pending: 227 (200) *260 Expired/Cancelled/Withdrawn: 55 (37) *57 Total Active Halifax/Dartmouth Inventory: 675 (577) +988 Single Family Home Stats Active Single Family Home: 265 (215) *418 Average Single Family Home List Price: $502,295 ($499k) *$409k Average Single Family Home Selling Price: $600,000 ($611k) *$463k Single Family Home Sale to List Ratio This Week: 120% (122%) *113% Median Single Family Home List Price (6 mo): $429,459 ($425k) *$380k Median Single Family Home Sold Price (6 mo):$504,475 ($499k)*$396k Average Days on Market Single Family Home: 7 (9) *11 Condo Stats Active Condos: 60 (37) *90 Average Condo Listing Price: $503,073 ($386k) *$432k Average Condo Selling Price: $525,000 ($471k) *$453kk Condo Sale to List Ratio This Week: 104% (122%) *105% Median Condo List Price (6 mo): $369,900 ($370k) *$300k Median Condo Sold Price (6 mo): $419,500 ($405k) *$316k Average Days on Market Condos: 29 (9) *30 Active Vacant Lots: 242 (233) *361 Market Rant Likely the largest gain in inventory in a single week, and addition of new listings of the year! Finally, some much needed additions to the inventory has buyers hopping, and hopeful that more are on the way! You could see a lot more blue icons on our map this week (indicating active), and quickly checking on various buyer metrics, it appears that the options have decreased individual listing activity. Interest is still there, but the buyer pool had a lot more to choose from this week, dividing attention among the options. Even still, don't expect to pay sticker prices on listings quite yet, with the overbid amounts baked into the market, it has become an expectation... for now. It has been noticed that a few price reductions around the city have happened in the last week or so, and there has also been a few listings that sold at or slightly over asking price, which has been extremely uncommon in the last year. Eerily close in stats to this time last year, which is a good sign since the we have been all of the same buyer activity with half of the inventory. Could this be it? Could we be heading towards a levelling market, or is this just the regular annual Spring market trend? What will be the impact of the new taxes mentioned last week? Stay tuned to the blog to find out, and thanks for stopping by! The Weekly "Adogtable" Our names are Pixie (11 years old, female, 17lbs) and Weavel (7 years old, male, 14lbs) and we are a senior bonded chihuahua mix pair! We started our journey in Texas a few years ago, we thought we found our forever home but it turns out they weren't the ones 😔 we are now hoping this time will be the last! Life can really suck you know. It hasn’t been kind to me, I’m Weavil and I am the perfect example of how resilient a dog can be. My journey started in a kill shelter in Texas, I was homed, and then came back into foster care several months ago. I am diabetic. My sugars have been stabilized by two tiny shots of insulin a day. Insulin needles are small and sharp, I barely notice them, foster mom even stabbed herself once, and she agreed, not so bad. Unfortunately the other side effect of my diabetes is my vision, my diabetic cataracts make it harder to see now. My foster mom tells me not to worry because my vision loss doesn’t make me any less loveable. I love my foster family very much and will whine and wiggle when one of them comes home. In fact I will crawl right up your body to get the hugs I deserve. I am a little leary of strangers, I might bark a bit, but not aggressively. I also love my sister Pixie, we are a bonded pair and hope to stay together forever, she is a sweet little Texas belle. I have a very good appetite, and am very food motivated. This is a small issue in my foster home, they already have a full house, people and critters. I can get a little snappy at food time when everyone is going crazy, so my foster mom separates us, so everyone gets along. The same dogs that I see as competition in the food fiasco are the dogs I might be snuggling with later. I will let out a warning growl to them to know what’s coming, so it is easy to avert. My sister and I never fight, we will even share with each other. In this regard it would make it easier on us if we were the only dogs. The cat is a non issue for me, she doesn’t like dog food. Pixie or the other hand she is curious about the cat so we think it'll be easiest if there are no kitties in our forever home either. We do just fine when left home alone as long as there is a cozy place to snuggle up in together. We would really love it if you let us sleep in your bed with you at night but we will sleep in our bed close by as well. Our perfect home would be a quieter one, we haven't met many kids but think we would prefer an adult only home to enjoy some easy senior years! Easy access to an outdoor space would be ideal. It could be a deck or yard. Even with my vision loss I will get around and do my business outside if I have a safe place to explore. We are house trained if you keep us on a schedule and watch our cues. We will walk on a leash, but we don’t need to do marathons for sure. We don’t mind the car, or the vet. If you want company and someone to share your space with, love you and make you feel special, we are your perfect pets. Do you think we'd be a good match? Our adoption fee is a $300 donation to the rescue to help save more dogs like us. We are spayed and neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all our doggy papers to come home to you! You can apply for us at https://form.jotform.com/60895241776264 This "cuddly companion" is available through the Save a Life Canada Animal Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often! VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE *Previous Year's Stats Total Market New/Back to Market Listings: 263 () *402 Sold: 149 () *295 Sale To Listing Ratio: 57% () *73% Price Changes: 18 () *53 Listings that went conditional/pending: 200 () *277 Expired/Cancelled/Withdrawn: 37 () *63 Total Active Halifax/Dartmouth Inventory: 577 () +911 Single Family Home Stats Active Single Family Home: 215 () *347 Average Single Family Home List Price: $499,216 () *$450k Average Single Family Home Selling Price: $610,995 () *$500k Single Family Home Sale to List Ratio This Week: 122% () *111% Median Single Family Home List Price (6 mo): $425,000() *$380k Median Single Family Home Sold Price (6 mo):$499,000 ()*$395k Average Days on Market Single Family Home: 9 () *26 Condo Stats Active Condos: 37 () *90 Average Condo Listing Price: $386,060 () *$432k Average Condo Selling Price: $471,430 () *$453kk Condo Sale to List Ratio This Week: 122% () *105% Median Condo List Price (6 mo): $369,900 () *$300k Median Condo Sold Price (6 mo): $405,200 () *$310k Average Days on Market Condos: 9 () *30 Active Vacant Lots: 233 () *358 Market Rant You can feel it in the air, Spring is on the way and so is the Spring market! The last couple of weeks have seen a decent amount of inventory hit the streets, and although they are still being gobbled up by the buyer pool, a few more weeks of this sustained activity should result in a cooling effect to the market. Where it was only one or two options in areas of interest and price, buyers are noticing a few more choices in the past couple of weeks showing up, giving them a better shot at locking something up, since the buyer pools attention is divided amongst the options. Still, there has been some extremely hot properties, and extreme overbids on appropriately market priced properties, but how much longer will these situations persist this year? With the drastic value increase Halifax has seen over the last two years, a couple of key groups have been sidelined by this market; entry level property buyers, and folks looking to complete a lateral move locally. Many property owners have contemplated a move, especially to take advantage of increased value they see in their current property, but quickly find themselves on the other side of the coin with a purchase. Naturally, the reluctance to list for local, lateral move sellers is occurring, contributing to the lack of listings in the current market. As out of province buyers continue to descend into HRM, and the outlying areas, prices continue to skyrocket and inventory swallowed up. In an attempt to capitalize on this, Nova Scotia will be passing an "outsiders" tax for people purchasing from out of province. If you are planning to move here, then it appears you will not be affected, but if you are looking to purchase an income property, then you may be targeted. See below: Deed Transfer Tax: Effective April 1, 2022 the province will implement a Deed Transfer Tax of 5 per cent of the value of residential real property purchased by a non-resident of Nova Scotia. The tax will not apply to a transaction where the Agreement of Purchase and Sale was entered into prior to April 1, 2022. An exemption from the tax will be in place for non-resident purchasers who move to the province within 6 months of the closing date of the transaction. Nova Scotia Non-Resident Property Tax: Effective for the 2022-23 fiscal year, the province will implement a Property Tax of $2.00 per $100 of assessed value on residential real property owned by a non-resident of Nova Scotia. The tax will not apply to residential properties that contain more than 3 units nor to residential properties that are leased to individual Nova Scotian residents for a period of at least 12 months. Where a property has multiple owners, an exemption from this tax is provided if 50 per cent or more of the owners are residents of Nova Scotia. Looks like Sellers aren't the only ones looking to take advantage of the market. Will this implementation be a cooling factor to the market? Are we nearing the end of the pandemic market? Only time will tell, and I have you covered! Stay tuned to the blog to stay on top of the market, thanks for stopping by! The Weekly "Adogtable" Hi everyone, my name is Jonah and I am a 1 year old, 10 pound Texan chi mix boy who recently made my way to Nova Scotia looking for my forever home. I have yet to bark and I barely shed, which doesn't mean that I'm hypoallergenic nor that I'll never find my voice. I love to play with my foster fur siblings (and neighbours, I’ve never met a dog here I didn’t like), so a fur sibling for me would be great. I could be happy in a home where I am the only dog as long as I have some furry friends to play at my disposal. I am not intimidated by other dogs, and have even won over my foster brother who apparently doesn’t always like other boys. I don’t mind the cat at my foster home and when she asks for space, I give it to her. I haven't met any kids but don't think I'd have an issue with them as long as they're careful as I am just a tiny boy. I am really not a fan of the cold, and it is hard for me to go bathroom out there sometimes, so I should learn how to use a pee pad (but I haven’t yet because my foster sibling keeps eating them). I still have accidents even on the nicer days so I still need work with house training which is possible with routine, structure, and patience. I’m not really that shy, maybe just the first time we meet I will be a little bit, but when I feel at home I am goofy and cuddly and like Velcro – stuck right onto your lap. I love to snuggle in my foster mom’s arms while she works. I walk well on a leash, though don’t always see the point of just going outside and walking around, when I could be running around the house with all my toys. My favourite toys are stuffies with crinkles in them, followed by small dog-safe chewies. I don’t guard my food or toys from the other dogs or cat. Being a stray, you always worry about where your next meal is coming from. I am still getting used to not having to rummage around looking for food. If you give me the chance I will go through the garbage and climb up onto the dinner table looking for scraps. So keeping these things off limits to me is a must so I don’t accidentally ingest something I shouldn’t. If you don’t want dogs on the furniture then I am not the dog for you: I love to snuggle, climb and cuddle wherever you are sitting. I insist on sleeping with you in bed and sharing your pillow. Sometimes I am a bit clumsy and fall off of furniture so I need help being safe. I may not sleep my first night because of nerves, but once I feel comfy in my new home, that will be a non issue. I am a very good boy in the car, and when I hear “good boy” my whole face lights up 😊. So with lots of praise, I'm sure my couple of issues will be a thing of the past in no time. Have you been looking for a fur friend like me? My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 This "cuddly companion" is available through the Save a Life Canada Animal Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often! VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE 44,894(Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 208 (214, 195, 221, 208) *318 Sold: 153 (152, 138, 124, 131) *216 Sale To Listing Ratio: 74% (71%, 71%, 56%, 63%) *68% Price Changes: 26 (26, 12, 13, 14) *39 Listings that went conditional/pending: 211 (187, 179, 158, 137) *277 Expired/Cancelled/Withdrawn: 24 (24, 34, 26, 28) *35 Total Active Halifax/Dartmouth Inventory: 518 (540, 556, 560, 555) +916 Absorption Rate in weeks: 4 (4, 4, 5, 5) *4.5 Single Family Home Stats Active Single Family Home: 166 (169, 171, 177, 174) *338 Average Single Family Home List Price: $539,696 ($512k,$558k,$507k,$507k) *$485k Average Single Family Home Selling Price: $616,650 ($617k,$662k,$596k,$597k) *$520k Single Family Home Sale to List Ratio This Week: 114% (121%,119%,118%,118%) *108% Median Single Family Home List Price (6 mo): $419,900($419k,$413k,$400k,$400k) *$375k Median Single Family Home Sold Price (6 mo):$481,000 ($475k,$471k,$470k,$455k)*$387k Average Days on Market Single Family Home: 8 (10, 12, 18, 21) *26 Condo Stats Active Condos: 42 (50, 47, 35, 39) *103 Average Condo Listing Price: $408,587 ($437k, $419k, $396k, $452k) *$363k Average Condo Selling Price: $503,453 ($516k, $504k, $456k, $529k) *$380k Condo Sale to List Ratio This Week: 123% (118%, 120%, 115%, 117%) *105% Median Condo List Price (6 mo): $359,900 ($360k, $360k $350k, $350k) *$290k Median Condo Sold Price (6 mo): $390,000 ($385k, $380k, $374k, $371k) *$299k Average Days on Market Condos: 7 (37, 9, 34, 6) *126 Active Vacant Lots: 214 (225, 226, 239, 233) *358 Market Rant The hits keep on coming! Average inventory gains are being met once again by significant demand, which has punched down the the overall inventory level for the third straight week in a row. Annual trend around this year usually sees inventory numbers push up week to week until we hit the peak of the Spring market, then it slowly tapers off for the remainder of the year, but not so much this year so far. Since any new additions to the market are being gobbled up by the increasing buyer pool, there really isn't an opportunity for the current volume of listings to increase, keeping the offer holdover market strategy pretty much standard at this point. As the Sellers market here in Halifax digs deeper, buyers are quickly finding themselves inside of it without a rope, and outside of their initial property expectation, or out of the market entirely as properties here continue to press to record heights. Speaking of, weekly values remained steady this week, however, the 6 month median prices jumped again this week. Single Family Home 6 month listing price gained $20,000 in a short four week span, and the bidding wars have caused the six month median selling price to jump a staggering $26,000 in that time. The worst is not over I fear, as the weeks press on and the median tracking catches up to the current market, which is nothing short of incredible at the moment. Hopefully, by the time that happens we will be into the Summer market, which many are hoping will look a bit different than the one we find ourselves in currently. Stay tuned to the blog to stay on top of things, and thanks for stopping by! The Weekly "Adogtable" Hello everyone, I’m Ollie, a 9 month old pitty mix boy weighing approximately 45lbs. I made my way to Canada from Texas, where I was found as a stray and I am ready to start searching for my forever home. I’m a playful fella who loves toys of all kinds but squeakers are my favourite. I will play fetch but I’m still working on bringing the ball back. Balls are fun! I am a little nervous when I first meet people and sometimes will growl but stop quickly, especially if you have a treat for me. I love treats! Children older than 12 are recommended due to my size and age as I can easily knock over a smaller child because I don’t realize my size and strength. I walk great on leash and do not pull at all. I’m also perfect in the car and usually just curl up on the seat and take a nap. My foster mom uses the command “Load Up!” and I jump right in. I am almost housetrained. I do most of my business outside but you have to take me out immediately after I eat/drink any amount of water. If I have an accident it is in front of the door but I don’t make any noise or indication to go out so sometimes my foster parents miss getting me out quick enough and then I will have an accident. I am getting so much better because they keep a close eye on me and know if I head to the door, I need out. Smaller animals are a big NO for me, cats, dogs or other. After almost 2 weeks of living without incident in my current foster home, I grabbed my little fur foster sister, thankfully she is going to be ok, but clearly I can't be trusted with littles. I also don’t think living with a low energy dog is ideal as I don’t know when to quit playtime and it can make another dog upset with me when they’ve had enough. I have no issues with resource guarding at all. I do bark a fair amount so apartments probably aren't ideal for me. I am crate trained for when I’m left alone, although I haven’t had to be in one for a while because my foster momma is home from work right now so I haven’t been alone much. My favourite place to sleep is in bed with my humans. Most times I climb under the covers and use the pillows. I think I’m part human sometimes. I am such a handsome boy, everyone falls in love with me! I hope my forever family is out there waiting and sees how wonderful I am! My adoption fee is a $450 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 This "cuddly companion" is available through the Save a Life Canada Animal Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often! VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE (Previous weeks numbers in brackets) *Previous Year's Stats Total Market New/Back to Market Listings: 214 (195, 221, 208, 170) *277 Sold: 152 (138, 124, 131, 110) *185 Sale To Listing Ratio: 71% (71%, 56%, 63%, 65%) *67% Price Changes: 26 (12, 13, 14, 23) *26 Listings that went conditional/pending: 187 (179, 158, 137, 138) *258 Expired/Cancelled/Withdrawn: 24 (34, 26, 28, 32) *27 Total Active Halifax/Dartmouth Inventory: 540 (556, 560, 555, 518) +872 Absorption Rate in weeks: 4 (4, 5, 5, 5) *4.5 Single Family Home Stats Active Single Family Home: 169 (171, 177, 174, 156) *304 Average Single Family Home List Price: $511,552 ($558k,$507k,$507k,$530k) *$447k Average Single Family Home Selling Price: $616,650 ($662k,$596k,$597k,$622k) *$477k Single Family Home Sale to List Ratio This Week: 121% (119%,118%,118%, 117%) *107% Median Single Family Home List Price (6 mo): $419,000($413k,$400k,$400k,$400k) *$370k Median Single Family Home Sold Price (6 mo):$475,000 ($471k,$470k,$455k,$450k)*$381k Average Days on Market Single Family Home: 10 (12, 18, 21, 22) *40 Condo Stats Active Condos: 50 (47, 35, 39, 29) *106 Average Condo Listing Price: $437,066 ($419k, $396k, $452k, $353k) *$405k Average Condo Selling Price: $516,001 ($504k, $456k, $529k, $450k) *$427k Condo Sale to List Ratio This Week: 118% (120%, 115%, 117%, 127%) *105% Median Condo List Price (6 mo): $359,900 ($360k $350k, $350k, $350k) *$283k Median Condo Sold Price (6 mo): $385,000 ($380k, $374k, $371k, $360k) *$290k Average Days on Market Condos: 37 (9, 34, 6, 6) *57 Active Vacant Lots: 225 (226, 239, 233, 223) *353 Market Rant Just can't seem to gain much ground. After a few promising weeks of inventory increase, the last couple have kicked those numbers back to the basement, which is not good news for soon to be Spring Buyers and those currently looking. Not a huge decrease, but we are way off the levels of last year, which was also the trend of 2021. The next few weeks will indicate if we are in for a "scraping the bottom of the barrel" type of year, or if we finally see a correction year. I personally think we are going to see the former for most of the year, but if builders can catch up to the their current projects, there may be a little reprieve for the market on the horizon. With little to no new construction options around, resale residential continues to take a pounding, rocketing prices to new and somewhat worrisome heights. We are still seeing decent new listing additions though, just not enough to make a dent in the current buyer pool. As the Spring kicks into high gear though, opportunities will come, it's just a matter of getting educated on the market and watching current trends on a weekly/daily basis. A good way to do the is by checking out properties on our site viewpoint.ca and favouriting a few that come up for sale that match what you may be looking for in the future. That way you can see the selling price when it is marked sold and see what typical bids are happening over the asking price. Although not a perfect way to gauge what a buyer is willing to pay, it does give some idea on the averages and what a reasonable bid might be should you find yourself in that situation. Of course, having a Realtor on your side certainly helps, since we can help navigate the current market, answer questions and run reports on potential candidates. Especially those, like myself, that have been on the front lines of this market since the beginning. Thanks for stopping by! The Weekly "Adogtable" Hi y'all, I’m Niblet, a 4 year old, 13 lb pug mix boy. I came from Texas to Nova Scotia a few weeks ago to find a forever family that will never abandon me again. I am ready to start my search. I am little and sweet, just like a niblet should be, pretty “corny” right!! I am a very quiet, gentle soul. I have lots to keep me occupied in my foster home, so I watch and listen. Lots of fur friends and lots of foster family. I am a little shy, but not at all aggressive, the type of shyness that goes away as I become more comfortable. I don’t need to be the centre of attention, but I like to be near everybody. I like men and women. I have made friends with everybody, every dog and even the cat in my foster home. I am not very food motivated but if you offer me a treat I will reluctantly accept it. It can get a little harry here at meal times, so I prefer to wait for peace again, and maybe go eat in a quieter place with my foster mom. I am not destructive at all, and I have spent no time in a crate. I am not overly interested in toys, and I have shown no resource guarding behaviour. I don’t mind the car, probably because that means a walk. I LOVE walks. I come to life then, so lets do lots of those!! I am so good on a leash and love the wooded trails we have walked on. I have met a few people and dogs and I am shy and may shake a little, but when encouraged to move on, everything is ok again. I have met a few children walking too. They were asked to be gentle, and it was fine. I love to bop around in my fenced yard too, the outdoors seems to be my happy place. I can really run when I want to, so keeping me leashed at all times, if not 100% confined, is the best way to keep me safe. I am not sure how I feel about the cold though. I have had to wear some pretty crazy get ups lately, let me tell you, but this place is freezin!! I am housetrained but my foster mom does seem to have eyes in the back of her head, and the only time I was going to make a mistake I got the look, and went outside. I am sure this behaviour will stick if I must! I totally associate the outdoors with bathroom time, and will do it quick to get back inside. I spend most of the day following everyone around and I can get a little sad when left alone, so maybe take me with you, always, lol. I have a cozy bed to snuggle in during the day, but at night my foster mom doesn’t want me to be alone so she takes me to bed with her. I will find the one spot left in the bed and snuggle in. I will still be peacefully there in the morning, smiling at you with the cutest little underbite you have ever seen. I have a little cherry eye we have been massaging, but it is hardly noticeable. I cleaned up really well in the bath, and I didn’t even mind it. My foster mom says that I am pretty darn close to perfect!! If I sound like the perfect companion for you, then let my rescuers know. My adoption fee is a $400 donation to the rescue to help save more dogs like me. I am neutered, vaccinated, microchipped, come with a 6-week trial of pet insurance from PetSecure and have all my doggy papers to come home to you! You can apply for me at https://form.jotform.com/60895241776264 This "cuddly companion" is available through the Save a Life Canada Animal Rescue, a non profit rescue organization from Nova Scotia. More info about him and other adoptable's looking for their furever home, and ways to help or donate can be found by clicking HERE LET ME HELP YOU OUT! Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to contact me with questions or comments. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Don't forget to bookmark my page, and visit often! VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty interactive real estate map? It's a powerful tool for all your property research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention, it's now more rewarding then ever to become a ViewPoint client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! Looking for a little extra help finding that "needle in a haystack"? The innovators at my brokerage, ViewPoint Realty, have introduced another forward-thinking information tool for your property search needs. Its called "neighbourhoods" and it will break down some stats and give you a more focused tool on the area(s) you are looking for. We also offer mortgage and insurance solutions too! Check it out at viewpoint.ca and get more info now! Just another way Viewpoint Realty is advancing the property buying and selling process. Newest Blog post HERE |
Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over fourteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. ListingsPhoto's by Jeremiah
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