Halifax Real Estate Opportunities
Halifax is the undisputed economic hub of Atlantic Canada. Located in the beautiful province of Nova Scotia this lovely city is also known as the Gateway to Atlantic Canada. Halifax is situated on the world's second largest natural harbour and has miles and miles of dramatic coastlines, white sand beaches and incredible wilderness. It is a growing city where people can enjoy an excellent quality of life while also revelling in all the beauty and majesty that come from living next to the sea.
Key Features of Owning A Home In Halifax
- Located on world's second largest natural harbour
- Boasts an excellent quality of life for its citizens
- Voted number 2 on a list of 123 best Canadian cities in which to live
- Competitive business environment
- Expanding economy
- Economic hub of Atlantic Canada
Demographics of Halifax
With more and more people relocating to Canada, Halifax is home to the largest population east of Quebec City with 370 000 inhabitants.
Lifestyle In Halifax
The citizens of Halifax have a very high quality of life. Living next to the ocean means that much of life revolves around the sea. Although the citizens of Halifax work hard and are keen on growing their businesses and careers, they also take the time to socialize with family and friends. They have a happy balance of work and play that shows in all that they do. They have year round festivals and events that bring the various communities together and the towns celebrate the different lifestyles and cultures that make up the Halifax Regional Municipality.
Economy of Halifax
The Halifax government is actively trying to expand the city's economy. Realizing that they need to diversify and sustain a healthy business and tourist sector the government is encouraging growth in the small business community and seeking to help entrepreneurs become self-sufficient. It currently has a sizeable human resources sector, a thriving research and development industry and a growing business community. It has a very cost competitive business environment with a highly educated workforce. The government is also focusing on encouraging immigration to the province in a bid to grow the work base.
Transportation In Halifax
Halifax is easily accessible by air, land and sea. It has a full bus and ferry schedule making it easy to get around the city.
History of Halifax
The City of Halifax existed from 1779 up until 1996. During this time it sustained slow but steady growth. In 1996 the city and the surrounding areas were amalgamated in the Halifax Regional Municipality in a bid to make the region more economically sustainable.
Property Market - Buy a house in Halifax
The Halifax property market is a thriving one that has seen price growth much in league with that seen in the rest of the country. However, Halifax has benefited further because the growth has not been off-the-charts, but very sustainable. There is definitely no housing bubble in the city, but there is great potential for capital value appreciation over the short, medium and long terms. Consult a real estate broker in Canada for buying home in Canada or for information on homes for sale in Canada.
Average House Price: $ 218, 734 (April 2007)
