Halifax Real Estate Podcast

Are you thinking of selling your home this spring? Well guess what, you're already late!  Richard Payne is back on the Halifax Real Estate Podcast to help me breakdown the step by step process of selling your home for the highest dollar amount, in the shortest amount of time! How important it is to declutter and clean your home properly. The single greatest return on investment you can make when g...

So, wouldn't you believe that a day after we recorded the first part of this episode in October 2024, the very next day the Federal Government announced more changes to mortgages! So obviously I had to have Matt Shallo & Matt Legatto back on the podcast to break down the second round of changes from the Federal Government.  The second round of changes focuses far more on homeowers being able t...

So last week I helped a member of our military find their home in Halifax after being posted to here from Ontario.  We ran the pre approval, got the purchase amount, and arranged all of the viewings for the house hunting trip. (The military only gives you a week to find your house, so we had a lot to do in a short amount of time.) On the first day of the house hunting trip, we saw 8 mini/mobile ho...

Logan Tomcik is BACK on the Halifax Real Estate Podcast to discuss how he's built his real estate business with social media over the last 6-12 months, specifically for Instagram and YouTube! Are you a Realtor and have problems creating content that curates engagement from your followers and grow your audience? Logan might some solutions and best practices you can use for your business.  Enjoy! Ja...

The Halifax real estate market in 2025 has started off with a BANG!! With an all time high average sales price of $617,593 per unit sold in January 2025. This is a $36,567 increase from the average sale price in 2024 which was $581.026, or a 6% increase from month to month.  It's particularly interesting because Halifax hit an all time sales high in April 2024 at $612,873 per unit, which happened...

In April 2024, Halifax set a new record for average sale price per unit in the city's history at $612,873!! Now that sale price high was achieved in a high interest rate environment. Since June 2024, the Bank of Canada has cut it's prime lending rate 5 times for a total of 1.75 basis points.  Since those 5 interest rate cuts, Halifax's average home price has only come down, leading to an average s...

At the start of 2024, there was a lot of speculation in the real estate industry about the bank of Canada cutting its prime rate throughout the year. Indsutries spent a lot of time projecting the Bank of Canada's interest rate policy cuts throughout the year.  Andrew Hutchison from IndI Mortgages and I sat down to go through CIBC's head economist, Ben Tull, projections of the Bank of Canada intere...

The Housing Accelerator Fund was introduced by the federal government in 2023 as a means to bring funding and housing density to municipalities across Canada. If cities could provide approved housing projects in certain timelines, there were grants that the federal government was willing to provide. Kevin Riles from KWR Approvals is back on the Halifax Real Estate Podcast to provide insight into h...

Richard Payne is BACK on the Halifax Real Estate Podcast for our annual review of Halifax's real estate market in 2024. From a record setting average sales price in Halifax's spring market, to the impact of consecutive interest rate cuts from the Bank of Canada, to our speculation of what's going to come to Halifax's real estate market in 2025. Enjoy! Jason Paul 902-220-7357 jason@infinityrealesta...

The Federal Government announced the following changes to mortgages in September 2024.  CMHC Insured mortgage cap raised to $1.5M from $1M. First time home buyers and purchasers of new construction homes can access 30 year amortization periods starting December 15th 2024.  A mortgage renewal will no longer need a stress test when changing lenders.  Nearly 4 million new homes to be built. Matt Shal...

September 2024 Market Stats Average Price: $580,344 Month Supply: 2.7 Months (an all time high since May 2020) New Listings: 615 Homes For Sale: 1074 (an all time high since July 2020) Days on Market: 11 Pending Sales: 411 Jason Paul 902-220-7357 jason@infinityrealestategroup.ca @jasonpaulhalifaxrealtor

Ian Armour & Manny Shiferaw are back on the Halifax Real Estate Podcast to breakdown investing in real estate through Joint Venture Partnerships! What joint venture partnerships are, defining the roles of the individuals in the joint partnership, drafting joint venture partnership agreements, protecting yourself from unexpected circumstances that can arise in joint venture partnerships, and ho...

We have our first interest rate of cut 2024!! on June 5th, the bank of Canada accounced a .25% basis point cut to its lending rate. Andrew Hutchison is back on the Halifax Real Estate Podcast to discuss the impact this rate cut could have on Halifax's real estate market, further rate cuts in 2024, and so much more! Jason Paul  902-220-7357 jason@infinityrealestategroup.ca @jasonpaulhalifaxrealtor ...

The market stats for Halifax is out for April 2024! Average Price Point: $607,013 (down from April's $612,873) Months of Supply: 2.5 months (up from April's 2.1 months) New Listings: 778 (up from April's 703) For Sale: 849 (up from March's 778) Days on Market: 8 (up from April's 6) Pending Sales: 566 (up from April's 508) Jason Paul 902-220-7357 jason@infinityrealestategroup.ca www.infinityrealest...

The market stats for Halifax is out for April 2024! Average Price Point: $612,873 (down from March's $569,164) Months of Supply: 2.1 months (up from March's 2 months) New Listings: 703 (up from March's 468) For Sale: 849 (up from March's 778) Days on Market: 6 (down from March's 11) Pending Sales: 508 (up from March's 380) Jason Paul 902-220-7357 jason@infinityrealestategroup.ca www.infinityreales...

Today's little guest spot is sharing my experience on my latest listing that sold in Halifax, 118 Sherbrooke Drive.  I find that people only see the sign go up, and the social media post that says that the house has sold for a certain amount over the asking price. When there's a lot more to it.  So I recorded this little podcast to tell you about the selling process, that started back in November...

The market stats for Halifax is out for March 2024! Average Price Point: $569,164 (down from February's $572,352) Months of Supply: 2 months (up from February's 1.9 months) New Listings: 468 (up from February's 380) For Sale: 778 (up from February's 746) Days on Market: 11 (down from February's 37) Pending Sales: 380 (up from Februry's 325) Jason Paul 902-220-7357 jason@infinityrealestategroup.ca...

My wife Anja and I bought our first home, Murphy's Ridge, in the gaspereau valley of Nova Scotia! When we purchased it, we had planned it to be a cosmetic renovation, paint, flooring, kitchen and a bathroom updates were all we wanted to do! Oh, we were so young and naive.  When we moved into Murphy's Ridge, it was soon abundantly clear that our first home was going to be a complete gut and remodel...

Over the last few weeks I've noticed multiple offers have come back to Halifax's real estate market with a vengance. Particularly in the first time home buyer price point of homes listed under $500,000! A semi detached home I showed a few weeks ago received 16 offers and sold for almost $100,000 over the asking price! A fully detached home I showed also received 12 offers and sold for almost $120,...

New Realtors, Welcome to the indsutry! Logan Tomcik has been a licensed Realtor in Halifax since July 2020, and he's here today to talk about all things new Realtors. From our own experiences of trying to navigate the real estate industry as new agents trying to meet clients and convert sales. The thngs we've learned along the way, the mistakes we've made, and yes, those do happen! To our best adv...

The Sale of Buyers Property (SOBP) clause/condition can be attached to an offer to purchase a home when the buyer needs the money out of the sale of their old home to complete the financing/purchase of their new home. Now, this condition/clause was common throughout the years up until the 2020 real estate market when multiple offers made that particular condition extinct. Now after all of the inte...

Average Sales Price : $572,352 Months of Supply: 1.9 Months New Listings: 380 Homes for Sale: 746 List to Sale Price: 99.7% Days on Market: 37 Pending Sales: 325 Jason Paul 902-220-7357 jason@infinityrealestategroup.ca www.infinityrealestategroup.ca @jasonpaulhalifaxrealtor

In the fall of 2023 the Canadian government announced that they will be waiving GST/HST taxes on any and all new developments in Canada, in a hope to bring more supply to the market to help solve Canada's housing crisis. Travis Mills is a small developer in king's County Nova Scotia, and has over a decade of experience flipping homes, converting single family homes into multi units, and has built...

Just outside of Halifax, in the heart of Porter's Lake Nova Scotia, is the incredible adventure getaway Porter's Peak. Featuring cabins, domes, luxury tents, hiking trails, ATV tours, paddle boarding, and kayaking, this pet friendly unplug and unwind retreat is built by Avery Birch. Today's podcast Avery Birch is back to discuss the shift in his mindset in his short term rental business after the...

Q: When's the right time to buy a home? A: When you're ready!! That's the truth of it. There's so much noise and speculation regarding real estate all the time. Interest rates up? Buy. Interest rates down? Buy. The people that bought 10 years ago didn't time the market, they bought because they had a down payment and they wanted to buy a house. That's it. If they could time the market, they'd do i...