Monthly Market Reports
December 2024

With an 8.1% year-over-year increase, prices continue to rise in Nova Scotia while affordability decreases. This benefits the net worth of those who own a home, but it is a tougher hill to climb for those hoping to get into the market. The silver lining is the recent mortgage rate drops will make it easier to qualify while continuing to help propel activity and prices through the early (typically slower) part of the new year.