V105 CITY PROFILE · NS

Halifax

Balanced/mixed · baseline updated February 2026.

Benchmark price$545,000↗ 1.4%

Average 2BR rent$1,8262.7% vacancy

Estimated mortgage$2,833/mobaseline assumption

Population465.7K2021 census baseline

Market scores

Affordability74

Relative purchasing accessibility compared with local incomes.

Rental competition82

Higher scores indicate a tighter rental market.

Investment potential65

Composite yield, growth and market-balance signal.

New construction75

Recent housing construction and permit momentum.

Market activity60

Price movement and buyer-activity conditions.

Buyer demand84

Population, migration and housing-demand pressure.

Housing supply72

How closely housing supply is keeping pace with demand.

Overall score67

Combined market, affordability, supply and demand rating.