Halifax Real Estate Market Report - February 2024

As we conclude the month of February, we are still firmly entrenched in a seller’s market.  However, the beginnings of a spring market are on the horizon. Prices held steady in February, down two percent over January 2024. The number of sales increased a whopping forty percent over last month, pointing towards a shift in the market. We’ve seen a slight uptick in inventory, but again, with spring just around the corner, it’s likely that buyers will flood the market in the coming months resulting in a more competitive market for all. Check out the video above for a more detailed overview of the Halifax Real Estate Market in February!