As we move through July, Halifax's real estate market continues to show robust activity. The average sold price has risen slightly by 1% from last year, now sitting at $588K. The market has seen a significant increase in sales, up 17% with 498 homes sold compared to 425 in July 2023. Inventory has also expanded, with 1013 homes for sale, marking a 25% increase from last year. New listings are up 19%, reaching 638. However, homes are staying on the market a bit longer, with the average days on market now at 33 days compared to 28 last July. Months of supply have increased to 2.6 from 2.1, indicating a slight uptick in inventory. For a deeper dive into these trends and what they mean for you, watch the market stats video above!