Buying

Aug. 5, 2024

Unlocking Homeownership: 30-Year Mortgages for First-Time Buyers of New Builds!

Starting this August, the dream of owning a brand-new home is set to become more attainable for many young Canadians. In a groundbreaking move announced in Budget 2024, the federal government is rolling out new mortgage rules that allow up to 30-year terms for first-time buyers of newly built homes ...

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Posted in Buying
July 11, 2024

Nova Scotia Housing Market Snapshot for June 2024

Nova Scotia Housing Market Snapshot for June 2024

The real estate market is always evolving, and keeping up with the latest trends is crucial for both buyers and sellers. The Nova Scotia Association of REALTORS® has released its housing market snapshot for June 2024, providing valuable insights into the current state of the market. Let's explore the ...

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Posted in Buying, Market Updates
July 9, 2024

Transforming Halifax: New Zoning Regulations and the Accelerator Fund

•	Halifax zoning changes

Halifax is undergoing significant changes in its zoning regulations to meet the growing demand for housing. These changes are part of a larger plan to speed up housing development and enhance the urban landscape. This article delves into the new zoning regulations, the introduction of the Accelerator Fund, and the ...

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Posted in Buying, Market Updates
Feb. 6, 2023

Halifax (HRM) Property Taxes - How much and how they are calculated.

How Property Taxes are Calculated in the Halifax (HRM), Nova Scotia Area

Property taxes in Halifax Regional Municipality (HRM) are calculated by multiplying the tax rate by the assessed value divided by 100. The Province of Nova Scotia assigns this value to the property each year for tax purposes only ...

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Posted in Buying
Jan. 10, 2023

NEW NON-RESIDENTIAL DEED TRANSFER TAX IN NOVA SCOTIA

On April 1, 2022, the Province of Nova Scotia implemented a new non-residential deed transfer tax called the Non-Resident Provincial Deed Transfer Tax. This tax will affect property transactions in Nova Scotia.

Non-Resident Provincial Deed Transfer Tax

The Non-resident Deed Transfer and Property Taxes Act applies to the transfer of ...

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Posted in Buying
Jan. 3, 2023

The Benefits of Hiring a REALTOR When Searching for an Investment Property

If you're looking to invest in Halifax real estate, the first step is to find a REALTOR. Investing in property is different from buying or selling a home, so it's important to find an agent with the right qualities, experience, and services for your needs. This is what ...

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Posted in Buying, Market Updates
Aug. 31, 2022

Rising Interest Rates, Inflation & What it means for the Halifax Real Estate Market

Of late, there is an enormous amount of news coverage regarding rising interest rates and inflation. And for good cause. The rising cost of food, gas, and housing are affecting us all. These necessities and their impact on our wallets bring home the message loud and clear. Interest rates are ...

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Posted in Buying