If you look at all my recent posts you will see that all show how well the market in Nova Scotia and Canada is doing. However, is it really?  Please click on this article (below) from the Globe and Mail to read the full story.

For example:

"Across Canada, inventories of newly built houses that are completed but not yet sold is about two and a half months, as measured by how long it would take to sell inventories, according to Altus Group research.

That's much higher than a year ago, when it was just one month."

 

Nova Scotia Real Estate

Nova Scotia Real Estate

Mike Smith, REALTOR®  | 902.209.6745

Family First Realty | Halifax, Nova Scotia

iListinHD.com | mike@iListinHD.com

 

 
This post has been included in Nova Scotia Information

2 Comments on Crash coming to the Nova Scotia/Canadian Real Estate Market?

OCT
05
Outside Blog

Hmmm...interesting because I am working with Canadian investors here in the desert where we are at an all time low.  La Quinta, Palm Desert and the Coachella Valley..50 cents/on the original dollar in many areas and the Canadian dollar has gone up.  All cash buyers!!!

7:56am • #1

Yes I know people here in Nova Scotia who have bought property in the States.  This is good for you!

8:23am • #2

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Mike Smith, REALTOR®

Halifax, NS

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Family First Realty

Office Phone: (902) 209-6745

Cell Phone: (902) 209-6745

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Real Estate News in Nova Scotia keeping you up today with what is going in the HRM area. Including Halifax, Dartmouth and other areas in Nova Scotia.


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