2026 Q2 · Nova Scotia
Halifax Home Appraisal Market Report
Atlantic in-migration leader; supply still constrained; relocation appraisal volume above historical norms.
Snapshot
Key benchmarks
Benchmark detached
$568K
+4.2% YoY
Benchmark condo apartment
$456K
+2.6% YoY
Months of inventory
2.3
−0.4 YoY
Sales-to-new-listings ratio
62%
+4pts YoY
Avg days on market
26
−3 days YoY
What it means for appraisals
Implications this quarter
- •PVSC CAP can create wide gap between assessed and market — be careful comparing.
- •Non-resident provincial property tax assessment-value driven — review opportunity.
Order mix
Why people order in Halifax
Relocation26%
Purchase mortgage24%
Refinance20%
Probate13%
Other17%
Watch items
On the horizon
- •HRM deed transfer tax 1.5% — closing-cost disputes occasionally trigger appraisal scope.
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