Quote:
Originally Posted by Johnny199r
Re:Halifax
It started off as lots of Ontario people returning home to/relocating to Nova Scotia during the pandemic as they could now work from home with their Toronto wages and Toronto equity from the homes they sold.
This kind of reset the market and turned things kind of crazy. Low interest rates and lack of inventory due to no one wanting to move during Covid created a frenzy where prices shot up and competition became fierce.
There is no big project or uptick in the economy there. Still a limited employment market.
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Thanks for your reply.
You mention low inventory. That has been common as well.
Sounds like the WFH play. I am super curious if that trend is sustainable. I can definitely see 2days a week, but that doesn't work for people that moved out of market.
Anyway there could be some smoking deals in 3yrs time in Halifax.
