A PHOTO

Old floors coming back to life, #renovated #dartmouth #property coming to market next week! #realtypartners #realestate

A PHOTO

Fresh #sold sign for Thursday #realestate #dartmouth #realtypartners

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Quick sale #realestate #realtypartners #dartmouth

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Spa like bathroom anyone? #realestate #dartmouth #133CherrywoodDr #realtypartners

A PHOTO

New #condo underway in #Dartmouth #theavery

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Sold Sign Swinging, thanks to Brad and Jenn for the business #realtypartners #realestate #Dartmouth #strongertogether

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New neighbors coming to Cherrywood Dr, Euro Touch Homes coming soon #coleharbour #realestate #dartmouth

A TEXT POST

The Keller Williams Belief System

The KW Canada Belief System 

A lot of companies say they function as a family.

At Keller Williams Realty, we place such an importance on this that we have designed a culture that fosters this. This approach guides us every day in how we conduct our business. 



Win-Win:  or no deal
Integrity:  do the right thing
Customers:  always come first
Commitment:  in all things
Communication:  seek first to understand
Creativity:  ideas before results
Teamwork:  together everyone achieves more
Trust:  starts with honesty
Success:  results through people

A TEXT POST

Halifax Real Estate Update - November 2012

HALIFAX REAL ESTATE MARKET UPDATE FOR NOVEMBER 2012.  THE NUMBERS BELOW ARE BASED ON MLS® STATISTICS FOR AREAS 1-40 WHICH ENCOMPASS ALL OF HRM.

Residential*

November 2012

Average Sale Price – $287,004

Number of Sales – 312

% vs November 2011(price) –  +4.4%

% vs November 2011(sales) –  -34%

Average Days on Market – 92

Active Listings – 2397

Absorption Rate – 33 weeks

Type of Market – buyers

Multi-Family**

November 2012

Average Price – $394,727

Number of Sales – 11

% vs November(price) –  -.7%

% vs November(sales) –   -8%

Average Days on Market – 92

Active Listings – 62

Absorption Rate – 25 weeks

Type of Market – balanced

* Includes single family homes and condominiums

** Includes multi- family homes 2-12 units

Synopsis

Residential

November month in the Halifax real estate market saw a significant decline in sales. With the tightening of the mortgage rules by the federal government we have seen a drastic slowdown in the number of sales, decreasing by 34%.  This is due in large part by the speculation bought on by the shipbuilding announcement this time last year .  Average price continued to increase by 4.4%.  After experiencing a sellers market for most of the year we are now in a buyers market.

Multi-Family

Investment properties in HRM saw average price remain the same as 2011 and sales decreased by 8%.  The absorption dropped to 25 weeks making the multi-family market balanced.

If you would like more information on the Halifax Real Estate market we can be easily reached by email info@realtypartner.com or by phone 902-877-1787.

Kind Regards,

The Realty Partners

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Aluminum railings with glass at 124 Pebblecreek in Portland Hills #dartmouth #realestate