RSS

A Quick HALIFAX Market Update – What the Current Shift Means for Your Sale


Over the past few weeks, we’ve seen things start to slow down — not grind to a halt, but definitely take a breather. If your home hasn’t had as much action lately, you’re not alone, and it’s not a reflection of your property — it’s the market doing what markets do: shifting.

Here’s what the numbers are telling us:

🔻 Decline in Showing Activity

We’ve seen a noticeable drop in daily showings.

The first week of May averaged 417 showings per day

In the last week, that’s dropped to 312–327 showings per day

That’s a ~25% decrease in overall buyer activity


Buyers Are Taking Their Time

With 7,218 total showings translating to 588 sales, buyers are now viewing about 12.3 homes on average before making an offer.

That tells us that while buyers are still out there, they’re being pickier — and slower to commit.


🏡 Inventory Is Building

1,137 active listings currently on the market

556 new listings came up in the same period as 588 sales

In short: the market isn’t flooded, but there’s more choice for buyers — and that naturally softens urgency.


What This Means for You

  • If you’re currently listed, this just means we need to adjust expectations a little.

  • More patience may be needed — homes are taking longer to sell

  • More showings may happen before an offer comes in

We may not see the same multiple-offer frenzy we had earlier 

A screenshot of a graph

AI-generated content may be incorrect.

Read
Categories:   Generation Z | Halifax real estate | home buying challenges | , Halifax home prices | , Halifax property insights | 1-Halifax Central, Halifax-Dartmouth Real Estate | 10-Dartmouth Downtown to Burnsid, Halifax-Dartmouth Real Estate | 104-Truro / Bible Hill, Northern Region Real Estate | 105-East Hants/Colchester West, Halifax-Dartmouth Real Estate | 106-New Glasgow, Stellarton, Northern Region Real Estate | 108-Rural Pictou County, Northern Region Real Estate | 11-Dartmouth Woodside, Eastern P, Halifax-Dartmouth Real Estate | 13-Crichton Park, Albro Lake, Halifax-Dartmouth Real Estate | 14-Dartmouth Montebello, Port Wa, Halifax-Dartmouth Real Estate | 15-Forest Hills, Halifax-Dartmouth Real Estate | 16-Colby Area, Halifax-Dartmouth Real Estate | 17-Woodlawn, Portland Estates, N, Halifax-Dartmouth Real Estate | 2-Halifax South, Halifax-Dartmouth Real Estate | 20-Bedford, Halifax-Dartmouth Real Estate | 2024 real estate trends | 21-Kingswood, Haliburton Hills, Hammonds Pl., Halifax-Dartmouth Real Estate | 21-Kingswood, Haliburton Hills,, Halifax-Dartmouth Real Estate | 25-Sackville, Halifax-Dartmouth Real Estate | 26-Beaverbank, Upper Sackville, Halifax-Dartmouth Real Estate | 30-Waverley, Fall River, Oakfiel, Halifax-Dartmouth Real Estate | 30-Waverley, Fall River, Oakfield, Halifax-Dartmouth Real Estate | 303-Guysborough County, Highland Region Real Estate | 31-Lawrencetown, Lake Echo, Port, Halifax-Dartmouth Real Estate | 31-Lawrencetown, Lake Echo, Porters Lake, Halifax-Dartmouth Real Estate | 35-Halifax County East, Halifax-Dartmouth Real Estate | 4-Halifax West, Halifax-Dartmouth Real Estate | 40-Timberlea, Prospect, St. Marg, Halifax-Dartmouth Real Estate | 40-Timberlea, Prospect, St. Margaret`S Bay, Halifax-Dartmouth Real Estate | 405-Lunenburg County, South Shore Real Estate | 406-Queens County, South Shore Real Estate | 5-Fairmount, Clayton Park, Rocki, Halifax-Dartmouth Real Estate | 6-Fairview, Halifax-Dartmouth Real Estate | 7-Spryfield, Halifax-Dartmouth Real Estate | 8-Armdale/Purcell's Cove/Herring, Halifax-Dartmouth Real Estate | 8-Armdale/Purcell`s Cove/Herring Cove, Halifax-Dartmouth Real Estate | 9-Harrietsfield, Sambr And Halib, Halifax-Dartmouth Real Estate | accelerator fund | Affordable Homes Halifax | agent contracts | Annapolis County, Annapolis Valley Real Estate | authentic pricing strategies | Average home prices Halifax | avoiding buyer fatigue | Bob Barker wisdom | buyer and seller real estate guide | buyer behavior | buyer trends Halifax | Buying a home in Fall River | buying a home in Halifax | Canadian Guidelines | Canadian property values and tariffs | Canadian real estate insights | competitive home offers | Donald Trump | Elections | expired listings | Fall River | Fall River, NS | First Time Home Buyer Halifax | funny real estate insights | Gen Z homeownership | Gen Z housing trends | Halifax home sales | Halifax home selling tips | Halifax homes | Halifax housing data | halifax housing market | Halifax housing trends | Halifax market analysis | Halifax new homes market | Halifax property market | Halifax Property Prices | Halifax real estate | halifax real estate market | Halifax real estate statistics | Halifax Real Estate Update 2024 | Halifax, NS | Hants County, Annapolis Valley Real Estate | Health and Safety | home building | Home Buying Tips Halifax | home improvement | home investment returns | home prices in halifax | home safety | housing market analysis | June 2024 sales trends | Kings County, Annapolis Valley Real Estate | Liberals | listing withdrawal | luxury homes Halifax | luxury market Halifax | March 2024 Home Sales | market value honesty | Milli Vanilli in real estate | MLS listing | new construction Halifax | Nova Scotia Government | Nova Scotia housing market update | Nova Scotia new homes | NSAR Stats | October 2024 real estate | PC | post-pandemic real estate | pricing homes correctly | property trends Halifax | radon awareness | radon mitigation | Radon Testing | real estate | real estate investment Halifax | Real estate market insights | real estate market trends 2024 | Real Estate Market Trends Halifax | real estate rockstars | Real Estate Stats | real estate tips | real estate trends | Rocket Homes survey | safe homes | Sandra Pike real estate advice | seller's dilemma | selling Covid-era homes | Selling Homes in Halifax | Seniors in Halifax | setting the right price | Susan Powter real estate | tariffs and housing prices | The Pike Group insights | Tim Houston | top agent Halifax | Top Halifax builders | top realtor halifax | understanding property value fluctuations | zoning changes

More Articles

How to Value Your Halifax Property Before Selling

How to Value Your Halifax Property Before Selling

Learn how to value your Halifax property before selling. Get expert tips from Sandra Pike and The Pike Group to price your home for success!

READ POST
How to Sell Your Halifax Home During the Holidays

How to Sell Your Halifax Home During the Holidays

Learn how to sell your Halifax home during the holidays with expert tips from Sandra Pike and The Pike Group. Turn holiday charm into ...

READ POST
How to Market Your Halifax Home to Out-of-Town Buyers

How to Market Your Halifax Home to Out-of-Town Buyers

Learn how to market your Halifax home to out-of-town buyers with expert tips from Sandra Pike and The Pike Group. Reach a wider audience ...

READ POST