A recent slowdown in Halifax home sales has me thinking. What are the people thinking?
Just this week positive notes in the US market! It seems that people are on the move again ! New home sales jumped in August 7.4% from july data ! Maybe it's just a blip on the radar screen
Halifax has no industry to slow down. We have hospitals , 4 universities , and a abundance of IT jobs .
People are going to always get sick! And the enrollment in our universities is fine. We still have record amounts of people retiring here from Calgary ,Toronto etc.
Sure! theres the odd number of buyers that will take advantage of the situation and low-ball some property , but there's only so much available. The inventory hasn't sky-rocketed like in Calgary where the prices have gone up at a feverish rate for over 5 years. They were due for a correction there.
I read an interesting article in the Nova Scotia Business Journal. Where an analyst shared my view. - Prices shall not drop here. They may not rise as fast next year but they will rise.
If you are a buyer sitting on the fence - Why not give me a call and we can discuss the situation over a coffee?
I can be reached at 902-499-2950.
you can also check out my website at www.homesearchnovascotia.com
Halifax is such a marvelous city Paul - I can't see any reason for the slowdown, except for a little nervousness regarding what's happening generally. It's happening in Halifax!!