Property Prices in Halifax, Canada

Index Info
Price to Income Ratio: 8.81
Mortgage as Percentage of Income: 78.72%
Loan Affordability Index: 1.27
Price to Rent Ratio - City Centre: 21.71
Price to Rent Ratio - Outside of Centre: 10.31
Gross Rental Yield (City Centre): 4.61%
Gross Rental Yield (Outside of Centre): 9.70%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,076.79 C$ 1,900.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,672.31 C$ 1,400.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,295.83 C$ 2,800.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,710.00 C$ 2,400.00-3,400.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 865.28 C$ 786.99-943.56
Price per Square Feet to Buy Apartment Outside of Centre 333.87 C$ 130.00-500.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,664.61 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.49 5.00-6.90

These data are based on 219 entries in the past 18 months from 42 different contributors.
Last update: February 2025

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far