Thinking about buying a home in Halifax, or in Canada? Matt Legatto is back on the podcast to discuss the current interest rate landscape in Canada, particularly why the 5-year fixed rate mortgages are at highs that we have not seen since 2023-2024. The different options available to people on the market, what's causing the hike in fixed rates, and what's happening in Halifax real estate overall.

Enjoy!

Jason Paul
902-220-7357
[email protected]
@jasonpaulhalifaxrealtor
@halifaxrealestatepodcast

Matt Legatto
 902-240-3304
[email protected]
@mattlegatto.mortgages

For the 100th episode of the Halifax Real Estate Podcast, Anja and I answer some of our audiences questions about real estate!

Jason Paul
902-220-7357
[email protected]
@jasonpaulhalifaxrealtor
@halifaxrealestatepodcast

Anja Paul
902-300-9058
[email protected]
@anjapaul09
@infinityrealestategroup

How my clients were able to add $1200 in monthly income, 30 days after purchasing their first investment property.

How my clients are about to turn $1200 in monthly income to almost $2500 in monthly income, 6 months after buying their first investment property.

How my clients are adding up to $75,000 in equity and home value within 6 months of purchasing their first investment property.

And ultimately why my clients looked to real estate to provide their family a little more financial stability, and a little more financial freedom.

Jason Paul 
902-220-7357 
[email protected] 
@jasonpaulhalifaxrealtor 
@halifaxrealestatepodcast

Halifax home prices dropped $66,000 from April 2026 to July 2026.

Halifax is about to be in a balanced real estate market for the first time in 7 YEARS. (Last time was August 2019.)

Halifax has not had the same amount of homes for sale (1500) since November 2019.

Days on market in Halifax is UP . Homebuyers are negotiating harder with sellers over things that deficiencies in homes.

We're seeing more price reductions on listings in Halifax, some homes you're seeing multiple price reductions before they even get a viewing. When you're driving through neighborhoods, you're seeing more listing signs than you're used to. There aren't as many people engaged with Halifax's real estate market as before.

You can feel it.

Richard Payne is back on the podcast to discuss what he's seeing in Halifax's real estate market, whether we think this shift is here to stay, or if it's a blip in the market, and where we think this is going!

Jason Paul
902-220-7357 j
[email protected]
@jasonpaulhalifaxrealtor
@halifaxrealestatepodcast

 Richard Payne
902-489-1804
[email protected]
@richardpaynehalifax

For the first time in almost 7 years, Halifax real estate is basically a balanced market, and the literal definition of a balanced market is homebuyers paying fair market value for homes. Buyers, you guys have CHOICES again.

Days on market are up, you're seeing more and more price adjustments on listings. If there's something wrong with a home that a seller doesn't want to deal with, don't be afraid to ASK for them to complete the work, or for them to PAY FOR IT.

Navigating a shifting real estate market can be tricky, make sure you check the most recent homes sold in the neighborhood, so you know that you're paying a fair price for a home.

SELLERS: The market is shifting, buyers have choices again. You can no longer slap up a home and expect it to sell in a day. You have to do the work. Price, condition, and location are what sell homes, so make sure you're doing everything you can to make sure your home is in its best condition. And make sure you get pricing right, or else you run the risk of sitting on the making and losing more money in the long run!

Jason Paul
902-220-7357 
[email protected] 
@jasonpaulhalifaxrealtor 
@halifaxrealestatepodcast

It's been a while since I spoke on what's happening in Halifax's real estate market, so here is a breakdown of Halifax's recent market stats for July 2026, and they are interesting!

Highlights
1.) Halifax home prices dropped $66,000 (or 10%) from April 2026 average sale price of $666k, down to $599k average sale price in July 2026.
2.) Halifax is ALMOST in a balanced market for the first time since AUGUST 2019! (A balanced market simply means that buyer's pay fair market value for homes.)
3.) There are currently 1500 units (single family homes, condos, mini/mobile homes) for sale in all of Halifax. The highest number of units for sale since NOVEMBER 2019.

Halifax seems to be shifting from the sellers market we've become accustomed to, to a slower balanced market where homebuyers are finding more success in options and negotiations with sellers.

Jason Paul
902-220-7357
[email protected]
@jasonpaulhalifaxrealtor
@halifaxrealestatepodcast

Andrew and I have decided to do a monthly podcast specifically for real estate investing in Halifax. We are going to pick one property that's for sale on MLS in Halifax and breakdown the potential income and expenses for that property if we were to purchase it ourselves!

Today's listing is 1197-1199 St Margarets Bay's Bay Road in Beechville just outside of Halifax. 
MLS #202614472 

This listing is a legal duplex with a 3 bedroom 1.5 bathroom unit and a 1 bedroom 1 bathroom unit, the lot itself is lakefront as well. 

We do some rough calculations to figure out the following
1.) Potential income 
2.) Potential monthly expenses at current purchase price
3.) Renovations/upgrades to improve the value of the property and increase cashflow
4.) Investment strategy for this specific unit (buy & hold, Airbnb, BRRRR, etc.)

Enjoy!

Jason Paul
902-220-7357
[email protected]
@jasonpaulhalifaxrealtor
@halifaxrealestatepodcast

Andrew Hutchison
902-240-7212
[email protected]
@andrew_hutchison_mortgages

Today's podcast Matt and I are completing our annual review of CMHC (Canadian Mortgage & Housing Corporation) 2026 mortgage consumer survey. CMHC surveys 4000-5000 mortgage holders across Canada to find out some common trends homeowners may be facing. 

We also have an update on the 2% down payment program the Nova Scotia government rolled out in a partnership with local credit unions back in February 2026. Find out how many people have actually used this program to sucessfully purchase a home!

Last but certainly not least, the federal government announced their intention to purchase 2200 vacant condos in British Columbia. There has been a lot of noise made about this whether it's a government bailout of B.C. developers, if this is a viable option for affordable housing, and the numbers being touted as what the purchase price of these condos may be. 

Enjoy!

Jason Paul
902-220-7357
[email protected]
@jasonpaulhalifaxrealtor
@halifaxrealestatepodcast

Matt Legatto
902-240-3304
[email protected]
@matthewlegatto.mortgages

Matt and I decided to have a little fun and share some of the most challenging moments in our careers in the real estate industry. 

From financing gone wrong, unexpected car loans the day before closing on a new home, to closing day negotiations breaking down over some old curtains, and so much more!

Jason Paul
902-220-7357
[email protected]
@jasonpaulhalifaxrealtor
@halifaxrealestatepodcast

Matt Legatto
902-240-3304
[email protected]
@mattlegatto.mortgages

This podcast is dedicated to those people that have decided to buy their first home. Now, what stops most first time home buyers from buying a home today?

Down payment & closing costs!

Matt is back on the podcast today to help me breakdown the best tips and tricks we know of to help first time home buyers save up for a down payment and closing costs faster than they realize!

Jason Paul
902-220-7357
[email protected]
@jasonpaulhalifaxrealtor
@halifaxrealestatepodcast

Matt Legatto
902-240-3304
[email protected]