|
|||||||||||||
| Halifax Nova Scotia Real Estate News | |||||||||||||
| Nova Scotia New House Construction Rebate Announced- July 2009. The newly elected NDP government announced a rebate of 4% of the provincial portion of the hst on new houses up to $7000. The building permit for the property must be no earlier than May 1 , 2009 and the property must be completed by March 31. 2010. for more details on the program go to http://www.gov.ns.ca/snsmr/access/individuals/new-home-construction-rebate/default.asp | |||||||||||||
| CMHC Housing Forecast for 2009 for Halifax Summary: Average price of a new home expected to rise in 2009 from $345,000 to $355,000. Resale prices expected to rise 3% to $235,000 in 2009. Number of MLS sales expected to drop 7% in 2008 (note as of end of Nov 2008 actual # of sales down 10%) and another 4% in 2009 but remain near the record highs of 2002-2005. Click here to download the full forecast from CMHC Download CMHC 2009 Housing Forecast for Halifax, Nova Scotia Download CMHC 2009 Housing Forecast for all of Canada |
|||||||||||||
| Metro Transit extends reach - October 28, 2008 Next spring, link to communities along Highway 103 will be up, running Halifax’s successful MetroLink commuter buses are about to get a new rural cousin. MetroX will be launched next spring and will link communities along Highway 103 as far out as Upper Tantallon to downtown Halifax.A $1.35-million tender for 10 buses, the first phase of the project, is to be awarded to Overland Custom Coach (2007) Inc. when council meets tonight.The rest of the project, which will eventually be expanded to 30 buses over three years at a cost of $4.23 million, will be completed as council approves funding through future capital budgets, a staff report says.MetroX buses will leave from the Sobeys shopping centre at Exit 5 on Highway 103 and stop only at park-and-ride lots at exits 4 and 3. The trip to downtown Halifax will take about a half-hour and cost passengers $4 to $5 each."This will hopefully get started next spring and it will take a lot of traffic off the roads," Coun. Gary Meade (Hammonds Plains-St. Margarets) said Monday.Transfers to other bus routes in the downtown will not cost extra, he said."So when you think about the price of gas and parking, it will make up for it," he said.Monthly passes will likely be offered too, he said, but the details will be worked out over the next few months. Future phases of MetroX will include service along the Highway 101, 102 and 107 corridors. MetroLink debuted in Portland Hills back in August 2005. The direct-service commuter bus, which connects bedroom communities with downtown Halifax, then expanded to Lower Sackville in February 2006. The service has proven so popular that park-and-ride lots in both suburbs quickly had to be expanded. |
|||||||||||||
| The average price of a home in HRM is $233,000. Here's what $223,000 - the average price of a home in HRM -could buy you this year: a townhouse in Clayton Park, a three-bedroom home in Lower Sackville, a two-bedroom house with garage in Beaver Bank or a 70-year-old property on the Halifax peninsula. Last year, equivalent properties cost about $215,000 and next year, they could jump to $230,000. That's what the Canada Mortgage and Housing Corporation is forecasting in its annual housing market outlook for Halifax. CMHC released its predictions yesterday to a crowd of more than 330 developers, builders, lenders and other housing professionals at its housing outlook conference. Overall, the market should remain active with high employment levels, increases in wages and high consumer confidence. Low mortgage rates and economic strength will sustain the market at near previous record levels, despite a projected dip in sales. CMHC senior market analyst Matthew Gilmore said multiple listing service (MLS) sales should start coming off their record high in 2008, dropping 6.3 per cent from last year. He called 2007 a year of change because it saw a reversal of previous trends in such areas as housing starts. Price growth in 2008 is expected to slow, but homes in the higher end of the market should see a boost. House prices will still outpace inflation, though, with projected three to four per cent growth. Gilmore noted that housing starts for single-family dwellings have been declining over the last six to seven years because of changing demographics and the rising cost of new construction. With the decline of the traditional family, the demand for smaller homes is rising. "There seems to be a clear preference in young professionals to be closer to work and have a little bit more quality of life and not be commuting quite as far. What's available close to work in the downtown core is multi-residential and apartment-style living," Gilmore told reporters. "With an aging population, we're seeing a similar kind of demand. Older folks, as they age, they're looking for something that might be lower-maintenance, closer to amenities, closer to entertainment, closer to hospital care and just less need for space in general." Renters can take advantage of vacancy rates that will be a bit higher than normal. Average rents for a two-bedroom unit, however, could climb from $815 to $840 per month. amacdonald@hfxnews.ca |
|||||||||||||
| Halifax second only to Calgary in luring Canucks - Daily
News January 2008 DEMOGRAPHICS Metro may not attract many immigrants, but it ranks near the top in gaining people from other provinces BRIAN FLINN Halifax is a city of come-from-aways. It's widely known that Nova Scotia's
capital lags behind larger Canadian cities in attracting immigrants from
other countries. But few realize Halifax is near the top for drawing people
from other provinces.According to the latest census, 7.5 per cent of citizens
of Halifax Regional Municipality moved here from other parts of Canada
between 2001 and 2006.It's second only to Calgary among major cities for
drawing people from out-of-province. He noted that last month, the Conference Board of Canada ranked the most
attractive Canadian cities for people to live in. Halifax was rated the
seventh-most "magnetic" city out of 27. No smaller cities got
a higher ranking. That presents a "staggering opportunity" that other cities would love to have. Some stick around when their studies are finished, but the city needs to do a lot better at retaining its young, educated workforce if it's going to prosper, he said. "The good news is they want to stay. The challenge is to find ways to integrate them," Morley said. "We could do a lot more on all fronts to start nailing people's feet to the ground." Other than campus activities and specials at downtown bars, Halifax does little to welcome students, he said. Some businesses participate in co-op programs, but there are not a lot of ties between employers and schools. Job opportunities While there are some job opportunities, more are needed, Morley said. Anticipated growth in the financial-services sector might help. Incomes are around the national average, but workers can do a lot better in Alberta. Alberta and Ontario are drawing many people from Halifax and the rest of the province. The Statistics Canada figures reveal that Halifax is near the bottom among Canadian cities for drawing people from its own province. Only 3.8 per cent of Halifax residents in 2006 moved from other parts of Nova Scotia since 2001. That's 13,330 people, compared with 26,435 who came from other provinces. "This perception that Halifax is sucking people out of other parts of the province, perhaps to the detriment of rural areas, is not really true," Morley said. Nova Scotia lost 55,040 people to other provinces over the five-year period, and drew 48,035. The net drop was 7,005. Morley said if people are leaving rural areas, Nova Scotia would be better off if they chose Halifax rather than Calgary or Toronto. He said it's a "warning sign" that people would bypass the capital and move to other cities. Western Canada is an attractive draw, he said. Wages are higher, and there are jobs for unskilled workers. Morley said Halifax needs to focus on drawing people back to Nova Scotia. "What we need to attract people back is good, solid career opportunities." bflinn@hfxnews.ca --------------------------------------------------------------------------------
|
|||||||||||||
Police are reviewing security tapes and charges are expected after a major brawl shut down Auburn Drive High School in Cole Harbour today. RCMP say several people, some students, others not, were involved in a fight in the hallway outside the cafeteria. The incident soon spread to other parts of the school. "There were several altercations taking place outside the cafeteria area and just outside the building," said Cpl. Joe Taplin. "What we're investigating is that several non students showed up at the school and there was an altercation that took place." It's not clear how many were arrested but police say more than a dozen people were involved in the altercation. "Right now we're working with school officials to try and determine who was involved in the altercation," said Taplin. Some students said they were told to stay in their classrooms for up to two hours while police investigated. Several students left early. One Grade 10 student said she didn't see the fight, but added that it's made her more fearful. "It's starting to get scary now because you don't know what's going on, you don't know when it will happen or what will happen," said Taylor Dulmage. Kathleen Higgins, president of the student council, said it was unusual for the school to see such violence. "A lot of fighting has been going on," said the Grade 12 student. "It started around last week. We know that Auburn is better than this and we've never really had this issue in the past." Shaune McKinley, a spokesperson for the Halifax Regional School Board, said some of the participants in the brawl managed to get away as police arrived. "Some of the people who came in to the building quickly fled. There's going to be some efforts to catch up with them and ask them some questions," said McKinley. "RCMP were on site today as a precaution. There's no question the response was very quick, this was contained very quickly and there were no serious injuries." Classes have been cancelled for the rest of the day. The brawl, which began at 1:10 p.m., is believed to be part fo a feud that had been brewing for several days. A fight between two males kept students in their classrooms for almost an hour on Monday. There were no weapons involved, and neither teen was hurt badly. |
|||||||||||||
|
|||||||||||||