Over: 446 Ketch Harbour Highway
Halibut Bay, Nova Scotia
Mentioned For: $3,175,000
Listed By: Ernie Buote

This month, we vacation to Canada, exactly where two Major Real Estate Organizations of the World® (LeadingRE) members share insights into their respective markets.

DOMUS Realty
Halifax, Nova Scotia
Dawn Dauphinee, Founder/Broker
https://domusrealty.ca

Explain to us about your company.
Domus has been in the community group due to the fact 1989, primarily serving in a 40-moment radius of downtown Halifax. Our team’s commitment to our group has extensive been an unwritten sixth pillar of our enterprise (pillars currently being integrity, perseverance, professionalism, experience and being familiar with). Domus Realty set up a charity fund that proceeds to this working day, allowing the staff to donate money concentrated on providing neighborhood youth a brighter long run by various initiatives.

How would you describe your latest housing industry?
The ordinary household cost is hovering close to the $500,000 CAD ($382,920 USD) mark in the Halifax Regional Municipality. Charges ended up climbing at a fast tempo in the very first quarter, but have commenced to level off as inventory increases and curiosity rates rise.

What is the point out of inventory?
With rising stock, purchasers are getting a breath. They have more choices, and the feeling of urgency has settled.

What dwelling capabilities or facilities are common with your consumers? 
Proximity to do the job and participate in is important for my clientele. They want to restrict the commute and optimize time with household and close friends.

What are your largest difficulties/prospects for growth? 
Halifax is now a destination, so acquiring affordable houses for younger gurus is a obstacle. Thanks to the life style, the area is attracting providers and expertise, so possibilities for development and enhancement are all over the city. Aged character properties are getting torn down and large structures with mixed residential and commercial are going up in their place. While it is exciting to see the expansion and rejuvenation, it is sad to say goodbye to the outdated buildings and character.

Are you viewing a lot foreign investment—and, if so, from which nations around the world?  
Nova Scotia launched a…