Conforming to annual trend, Halifax inventory continued its slow decline into the winter market. Well above out inventory last year, and still very much the record holder for largest amount of inventory in Halifax recorded.
Average sale prices are still encouraging, or discouraging depending who you talk to. One camp says "reduce now stimulate sales!" while another camp declares "I have my price and I'm sticking to it". Not as simple as a few price corrections however.
Still circling the drain is our monthly sales here in Halifax. Oddly enough, October has proven to be a decent sales month, and by the time we reach November, the sales window closes.
Are you familiar with ViewPoint Realty? How about the ViewPoint real estate map? Its a great tool for all your real estate research needs and when you are ready to buy or sell, its the competitive edge over your competition!
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 leave a public comment or question below. 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.
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Jeremiah Wallace, CD
Jeremiah 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..
Photo's by Jeremiah