cmhc: Halifax Housing Market Outlook - 11/06/08 08:07 AM
In light of all of the talk I am hearing about the market being "down" n Halifax, I thought I would look at what the CMHC reports are telling us.  Here's what I found:
NEW CONSTRUCTION: The overall pace of residential construction activity across Halifax is eased slightly this year, and is expected to finish with a total decline of 1.6% from last year.  It is expected that new construction sales will climb 4% in 2009, reaching its highest level since 2004, supported by multi-residential construction .  While the demand for single-detached homes is slowing, a trend which is expected to continue, the demand for … (1 comments)

 
Scott Owens, REALTOR (Scott Owens Limited)

Scott Owens

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Halifax, NS

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