Halifax Real Estate Podcast

Halifax's real estate stats are out for October 2026 and they are a little surprising for everything we're seeing in the real estate market.

Home prices INCREASED by 5% from September to October going from $595,691 to $624,740. 

The number of homes sale increased slightly, Halifax is now at 1568 homes for sale which is up from 1554 homes for sale in September.

The months of inventory went from 4 to 4.3 months in Halifax, that means Halifax is moving more into a balanced market. 

360 new listings hit Halifax in October 2026, which is a significant decrease from the 652 new listings in September 2026, and the 578 new listings Halifax had in October 2025. 

The average listing in Halifax needed 8 viewings to receive an accepted offer. 

The average listing in Halifax had 4 viewings in October 2026. 

Days on market is at 47. 

Pending sales is 239, down from 407 in September 2026. 

All in all, based on what I've been seeing in the real estate market, the jump in price point has caught me by surprise. The inventory is still creeping up slightly, and the alarming thing for sellers should be the amount of homes that went pending in October 2026. There's less buyers engaged with the market and that will eventually make its way to home prices. 

The Bank of Canada just raised its interest rates as well, be interesting to see the impact that will have on Halifax's real estate market over the next few months. 

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

On today's investment episode, we are focusing on a triplex in the woodside/Dartmouth area that has been on the market for over 150 days.

Three 3-bedroom units with cashflow that comes very close to Andrew's 1% rule that he uses to qualify potential investment properties.

The property is in good condition.
Located in a good area with good transit and plans for major development
Good cashflow on the units

Is this a good investment opportunity? 

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

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

That's it, for the first time July 2023, the Bank of Canada has decided to raise it's key lending rate by 25 basis points. Citing concerns of key inflation metrics hitting 3.2% as the reason behind this increase. What does this mean for everyone?

1.) If you strip out oil & gas inflation from the metrics, inflation is staying at the 2% target the Bank of Canada has always treaded at. So basically, it's the wars going on in the world that are impacting this decision. 

2.) If you are selling your house, buyers purchasing power just decreased, let alone the hit to positive sentiment and goodwill about buying real estate in today's economic uncertainty. 

3.) Historically when the Bank of Canada has raised its key interest rate, they raise it a second time just to get ahead of key inflation metrics. The Bank of Canada intends on meeting in December, where they will announce another decision on interest rates. I wonder what they will do! 

4.) In the grand scheme of things, 25 basis points is not a huge increase, but a potential second one in December is the one that may hurt a lot of people as this key interest rate impacts a lot of people's day to day loans. Something to keep in mind! 

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

Matt Legatto
902-240-3304
[email protected] 
@mattlegatto.mortages 
Get Pre Approved BELOW 
https://matthew-legatto.mtg-app.com/signup?brokerName=matthew.legatto&brokerId=b7567129-0cc6-4b59-ab76-4e68bf854f50

Today is a guest I've been trying to get on the podcast since I thought of the idea back in 2020! I asked him to be the first guest on the podcast, he said no. I asked him to be the 50th guest, he said no. I asked him to be the 100th, he said yes, and delayed until he finally came on for the 108th episode!

One of my closest friends, mentors, and someone I admire greatly both personally and professionaly, Jamie Green. 

Jamie's been in the real estate industry for 15 years, was co owner of the of the largest real estate teams in Newfoundland, before relocating to Halifax. Built a successful real estate business, the Jamie Green team in Halifax, before moving back home in 2023. 

I called Jamie recently to get some advice about navigating a shifting/cooling real estate market, because in my short career, I've only ever navigated a market going from cooler to hotter, I've never experienced a hotter market going cooler!

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

Jamie Green
[email protected]

I had a client ask me what I would look for if I was buying a home in today's real estate market! My wife and I are have been talking about buying a new home in 2027, so this has actually been on my mind as of late!

1A.) LOCATION: Now that we have a daughter, where she grows up and goes to school is the most important thing for us. It doesn't matter if the perfect home is in another area, we're not deviating from where we want her to grow up.

1B.) FLOOR PLANS: I don't care about the kitchen, the bathroom or the finishes of the home. As long as the floor plan is awesome. I've seen a lot of well finished homes get killed by buyers because the floor plan sucks. And I've seen buyers fall in love with really ugly homes because the floor plan is awesome and they can see the potential. You can't fix a bad floor plan. Well, you can. But it's going to cost you a lot of money! 2.) Price: Obviously. 

3.) Garage: Home renovations, we need a workshop. 

4.) Half Bath on the main floor: Wife's thing, not mine. What are you looking for in your home!?! 

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

We've all heard a lot of noise about Halifax's real estate market. 

Especially from me. 

Here's my very own public service announcement to everyone who are thinking about making a move in today's real estate market. 

The market doesn't matter. You and your real estate goals are all that matter at the end of the day. 

Enjoy!

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

Corey Wright has bought a 166 acre farmhouse in rural Nova Scotia and has big ambitions to use his homestead to help build up the less fortunate in his community through different goals for his property. Working in shelters in Nova Scotia, Corey has been on the frontlines of Nova Scotia's housing crisis since COVID, and he's currently renting rooms out of his 2 unit duplex in Truro to help individuals as a stepping stone onto a better life. 

The next step is through the development of his 166 acre property. 

1.) Agriculture: Creating farmland to give back to non public programs in Halifax. 
2.) Zipline, cabins, and other outdoor activities. Building businesses that give opportunities to those with checkered pasts that allows them to grow and move on from any difficulties in their lives. 
3.) Nature walks, hiking trail. Get out and explore the world that his property has to offer. 


It's an ambitious project, and I'm so excited to share Corey's vision with you all. 

Enjoy. 

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

Corey Wright
[email protected]

Welcome to your market update in Halifax for September 2026!

Few things that have really caught my eye. 

1.) For the first time in 7 YEARS Halifax is now officially in a balanced market. What does that mean? Buyers pay fair market value for homes. 

2.) Since January 2026 Halifax has gone from 2.1 months of inventory to 4 months of inventory, it's almost doubled the amount of inventory in 9 months. 

3.) Halifax started the year off with 866 homes for sale in January 2026, as of October 1st there are now 1554 homes for sale in Halifax. It's almost doubled in 9 months! 

4.) The average listing needed 11 viewings to receive an accepted offer. (An increase of 10 from August 2026.) 

5.) The average listing had 4 viewings in September 2026. (The same as August 2026.) 

To summarize this, if you're thinking about selling you're home in Halifax, it has not been this hard for 7 years. 

For buyers, congratulations, you guys have options and leverage in negotiations again. 

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

Andrew and I take a look at 1645 & 1647 Oxford Street, a 2 unit investment property in south end Halifax that produces over $100,000 in gross income per year. 

We breakdown the cashflow, the expenses, the net operating income, how the investment property is operated, the benefits, risk of purchasing this property, and the different strategies that can applied to this property. 

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

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

Here's the headline, the Halifax real estate market and all of Nova Scotia is clearly cooling, and buyers know it!

There's more options for them to see, there's far more variables that they can assess when looking at your home, and they are using that leverage in negotiations to get themselves the best deal possible. And rightfully so. 

How it's been for our listings and the activity we've seen from buyers for our teams listings this September. How it's been navigating a slower market with buyer clients who have choices, and what conversations we're having in today's market. 

& finally why we seem to have so few buyers in the real estate market compared to the last few years. 

Enjoy!

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

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