Halifax’s Condo Real Estate Specialists

Halifax Condo Market Update – October 2012

Posted on Nov 14, 2012

Halifax condo market update – October 2012.  The data below is based on MLS® statistics for area 1-40 which encompass all of HRM

Halifax Condo Market Update - October 2012

Figure 1 – All data based on MLS® statistics for areas 1 – 40 which encompass all of HRM

Halifax Condo Market Update - October 2012

Figure 1 – All data based on MLS® statistics for areas 1 – 40 which encompass all of HRM

Overview

Average Price – Average price for a condo in Halifax increased by 5.4% compared to October of 2011.  The final quarter of 2012 seems to be showing a bit of upward movement in the condo market in Halifax.

Number of Sales – The number of condo sales in HRM were up by 6.6% compared to October 2011. After a slower market in the 3rd quarter, the 4th quarter is off to a good start.

Be sure to check back regularly for Halifax condo market updates.