The average residential sale price in Halifax-Dartmouth Housing market has increased by 3.9 per cent year-over-year across all property types between January 1 and July 31, 2025, from $579,400 to $602,163. The number of sales increased by 2.4 per cent for the same time period from 3,118 to 3,194. The number of listings increased by 10.4 per cent (from 4,188 in 2024 to 4,623 in 2025).
Trends in the Halifax-Dartmouth Housing Market
Average sales prices across all property types are anticipated to rise two per cent through the end of 2025, with the number of sales is predicted to increase by the same percentage. Halifax-Dartmouth in Q4 2024 experienced a strong seller’s market, with inventory slowly increasing. Market activity slows above the $750,000 price point, reflecting more limited movement in higher-value properties. Seasonal trends suggest a typical summer slowdown, with activity expected to pick up following Labour Day and into the fall.
Primarily families, new Canadians and young to middle-aged couples are driving demand, with a rise in retirees also contributing to it. Inventory remains limited as demand outpaces the supply of available homes. These ongoing dynamics are sustaining a seller’s market in Halifax-Dartmouth housing market. Sellers in the region are adjusting their expectations to reflect these current market conditions.
Broader economic uncertainty has had limited impact on the Halifax-Dartmouth region, which appears relatively insulated from the larger fluctuations in consumer confidence experienced in larger cities. Prospective buyers are increasingly exploring alternative paths to homeownership, with semi-detached homes and condominiums remaining accessible. Conditional sales are rising in Halifax-Dartmouth, particularly those dependent on the sale of a buyer’s existing home.
- Up-and-coming communities in the region, such as East Hants and Bedford, are increasing in popularity due to their combination of relatively more affordable housing, convenient access to Halifax-Dartmouth, and well-developed amenities that appeal to families, new Canadians and young to middle-aged couples and retirees.
- Recent wildfires and flooding are on people’s minds and may influence their buying decisions soon.
