Posted Oct 25, 2024, 10:26 PM
|
|
Registered User
|
|
Join Date: Nov 2019
Posts: 55
|
|
It will be interesting to see how the market changes over the coming years for sure. Population growth will definitely slow but to HRM and the province’s credit they have legalized a lot of units and I think you can make a case that if developers keep building Halifax will keep growing at a decent pace.
Just because there is a slowdown in immigration nationally doesn’t mean Halifax can’t keep recruiting a high number (by historical standards) as long as developers keep delivering housing. The same goes for interprovincial migration. Housing construction is being throttled in Ontario and I think that new housing in Halifax will get soaked up (especially single family homes and townhouses).
|