Average House Price in Halifax

by The Canadian Magazine of Immigration · December 16, 2025

The average house price in Halifax is $553,100

In November 2025, Halifax house prices up 5.1% compared to the same month a year ago.

Average House Price in Halifax
	2023	2024	2025
January	$502,600*	$522,400*	$550,500
February	$504,300*	$525,600*	$561,400
March	$508,500*	$531,400*	$557,000
April	$524,500*	$550,200*	$563,000
May	$531,100*	$539,200	$570,600
June	$529,700*	$548,800	$570,700
July	$531,200*	$551,600	$558,900
August	$532,100*	$543,700	$557,000
September	$524,200*	$538,100	$559,100
October	$529,400*	$539,200	$563,300
November	$510,700*	$526,400*	$553,100
December	$513,100*	$533,500
Source: CREA
*Updated

Housing Market in Halifax – November 2025

In November 2025, the Halifax housing market remained a seller’s market with low inventory and steady demand driven by population growth and relative affordability compared to larger Canadian cities. The average residential sale price hovered around $600,000–$610,000 across property types, reflecting a moderate year-over-year increase of approximately 4% throughout 2025, according to reports from RE/MAX and local market analyses. This upward trend persisted despite national economic uncertainties, with single-family detached homes commanding higher averages near $633,000 in recent months, while townhouses and apartments saw more varied appreciation. Low months of supply (around 2–4 months) continued to exert pressure on prices, though increasing new listings offered slight relief for buyers, signaling a resilient yet competitive market heading into the winter season.

Housing Market in Halifax – October 2025

In October 2025, Halifax’s housing market demonstrated steady resilience amid a broader Canadian recovery, with 1,078 homes sold through the MLS® system—a 12% monthly increase from September but a slight dip year-over-year—while new listings surged to 1,419, the highest October total in five years and 8% above 2024 levels, pushing active inventory to 4,626 units and months of inventory to 4.3.

The average sale price climbed 4.2% annually to $464,573, supported by a 5.2% rise in the MLS® Home Price Index benchmark to $432,600, though affordability challenges persisted as prices remained 74% above typical household means.

Overall activity reflected a balanced yet buyer-favoring tilt in a seller’s market transitioning toward equilibrium, fueled by lower interest rates and pent-up demand, but tempered by slowing population growth and lagging housing starts, with condo sales softening 6% to 60 units amid rising multi-unit preferences.

Housing Market in Halifax – September 2025

In September 2025, Halifax’s real estate market displayed resilience amid a national pause in sales momentum, with 994 residential units sold through the MLS® system—a 3.8% increase from the previous year—while the average home price climbed 3.8% year-over-year to $457,658, reflecting sustained demand driven by population growth and anticipated interest rate cuts.

New listings surged 10.9% annually to 1,592, the highest September figure in five years, boosting active inventory by 9.2% to 4,961 units and extending months of inventory to 5.0—still below the long-term average of 5.5, signaling a softening seller’s market with the sales-to-new-listings ratio dipping to 62%. The benchmark price per the MLS® Home Price Index rose 4.7% to $430,000, underscoring moderate appreciation across property types amid robust rental demand and policy initiatives like the Housing Accelerator Fund aiming to add thousands of units, though affordability challenges persist with Halifax’s unemployment steady at 5.7% and economic uncertainties looming.
Overall, the market remains balanced and opportunity-rich for buyers and investors, with forecasts predicting 2% sales and price growth through year-end.

Housing Market in Halifax – July 2025

In July 2025, the Halifax housing market showed resilience despite affordability concerns, with 435 single-family homes sold across the Halifax Regional Municipality (HRM), indicating steady buyer activity. The average sold price for all property types ranged from $460,000 to $580,449, reflecting a 6.2% monthly decrease but a 1.5% yearly increase, while single-family homes averaged $609,748, down 5% from the previous month. Inventory levels remained high with 1,419 active listings, but only 30.7% of listings sold, signaling a shift toward a buyer’s market with an absorption rate well below the seller’s market threshold. This trend, coupled with a slight drop in average sale prices and increased days on the market (35 for single-family homes), suggests a more balanced market, offering opportunities for buyers amidst competitive pricing and growing supply.

Housing Market in Halifax – June 2025

In June 2025, Halifax’s housing market continued to show resilience, transitioning toward a seller’s market with a sales-to-new-listings ratio (SNLR) of 47%, indicating a balanced yet competitive environment driven by first-time buyers and immigration. Sales surged to 1,221 transactions, a 7.1% rise from June 2024, with new listings up 12.9% to 1,932 and active listings hitting 4,878 units, the highest for June in over five years. Despite increased inventory, only 4 months of supply remained, underscoring persistent shortages. Forecasts project a 5% price increase for 2025, potentially reaching $607,859, fueled by lower interest rates and robust demand, though affordability challenges persist for first-time buyers.

Housing Market in Halifax – May 2025

In May 2025, Halifax’s housing market continued to exhibit strength, transitioning toward a seller’s market with an average home price of $603,267, marking a modest 0.3% increase from April 2025 and a 1.4% rise year-over-year, while the benchmark price reached $557,000, up 4.8% annually but down 0.8% from the previous month. Sales activity surged by 25% month-over-month to 1,025 transactions, driven by first-time buyers and immigration, despite a tight inventory with a sales-to-new-listings ratio (SNLR) of 47%, indicating a balanced market. New listings rose 9.6% from May 2024 to 2,183, and active listings hit 4,593 units, the highest in over five years, yet only 4 months of inventory remained, underscoring persistent supply constraints. Forecasts suggest a 5% price increase for 2025, potentially reaching $607,859, fueled by lower interest rates, increased buyer confidence, and limited entry-level inventory, though affordability challenges persist for first-time buyers and low-income households.

Housing Market in Halifax – April 2025

In April 2025, Halifax’s housing market continued to experience upward pressure on prices, with the average home price reaching $603,267, a modest 0.3% increase from March 2025 and a 1.4% rise year-over-year. The benchmark home price stood at $557,000, reflecting a 4.8% annual increase but a slight 0.8% decline from the previous month. Despite a 25% month-over-month surge in sales activity to 1,025 transactions, the market remained in balanced territory with a sales-to-new-listings ratio (SNLR) of 47%, indicating tight inventory and sustained demand. This dynamic, driven by first-time buyers and immigration, underscores Halifax’s transition toward a seller’s market, though affordability challenges persist amid limited entry-level inventor

Housing Market in Halifax – March 2025

In March 2025, Halifax’s housing market is a seller’s market with a sales-to-new-listings ratio (SNLR) of 67%, driven by tight inventory and robust demand. Sales dropped 16% from March 2024 to 421 transactions, but rose 27% from March 2023, with detached homes (328 sales) up 11% annually. Rental vacancy rates are low at 2.1%, with average two-bedroom rents at $1,740, expected to rise slightly to 2.5% vacancy by year-end. Affordability issues persist, with homelessness rising to 3,295 individuals, fueled by a 4.4% price hike in 2024 and limited entry-level inventory, despite record multi-unit construction (4,128 starts in 2023)

House prices in Halifax 2020-2022

Average House Price in Halifax
	2020	2021	2022
January	$331,548*	$432,070*	$465,600*
February	$329,138*	$343,900*	$468,200*
March	$352,993*	$359,900*	$522,400*
April	$335,921*	$382,900*	$540,100*
May	$361,838*	$411,400*	$539,000*
June	$366,668*	$425,500*	$518,600*
July	$367,582*	$431,600*	$498,100*
August	$371,766*	$434,400*	$484,700*
September	$384,001*	$434,700*	$480,400*
October	$389,523*	$442,600*	$482,900*
November	$393,925*	$446,400*	$482,000*
December	$400,965*	$452,200*	$480,000*
Source: CREA
*Updated

House prices in Halifax 2017-2019

Average House Price in Halifax
	2017	2018	2019
January	$267,312*	$292,485*	$307,096*
February	$284,189*	$315,548*	$301,011*
March	$297,473*	$298,599*	$335,098*
April	$308,039*	$315,394*	$319,142*
May	$319477*	$308,493*	$329,242*
June	$297,063*	$309,186*	$323,221*
July	$298,668*	$295,692*	$310,251*
August	$286,012*	$294,261*	$315,472*
September	$279,312*	$298,194*	$320,941*
October	$286,634*	$287,248*	$325,832*
November	$296,501*	$297,823*	$340,031*
December	$302,677*	$298,518*	$332,876*
Source: CREA
*Updated