The average house price in Nova Scotia in 2024 stood at approximately ******* Canadian dollars. In the next year, house prices are forecast to further increase by about five percent. Compared to other provinces, Nova Scotia ranked below the national average in terms of house prices. However, the average price of a house in Nova Scotia was twice lower than in Ontario or British Columbia. Exploding population growth in recent yearsNova Scotia is the second-smallest province after Prince Edward Island, and had a population of just under *********** in 2018. The population of this province was relatively steady between 2000 and 2015, but has taken off since then. This sudden growth may be a factor in the increasing house prices, as demand also increases due to the greater number of residents looking for homes. The future of housing affordability in Nova ScotiaHalifax, the provincial capital, had an affordable housing market as of 2018, with mortgage payments only constituting about ** percent of average household incomes. The number of housing starts in the region has increased in the past few years, which also suggests an increase in demand. Only time will tell whether this will ensure a sufficient supply of homes for the region in response to its growing population.

The number of home sales in Nova Scotia, Canada, surged in 2021, followed by a decrease in the following two years. In 2024, about ****** home sales took place in Nova Scotia and this figure is expected to reach ****** in 2026. A similar trend could be observed on a national scale, with transaction activity in Canada set to increase by 2026. In terms of home prices, Nova Scotia ranked below the national average, but housing was still significantly more expensive than provinces such as New Brunswick and Newfoundland.

This table contains 174 series, with data for years 1981 - 1997 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (37 items: Canada; Atlantic Region; Halifax; Nova Scotia; St. John's; Newfoundland and Labrador ...), New housing price indexes (3 items: Total (house and land);Land only; House only ...), Index base period (2 items: 1986=100;1981=100 ...).

The average resale house price in Canada was forecast to reach nearly ******* Canadian dollars in 2026, according to a January forecast. In 2024, house prices increased after falling for the first time since 2019. One of the reasons for the price correction was the notable drop in transaction activity. Housing transactions picked up in 2024 and are expected to continue to grow until 2026. British Columbia, which is the most expensive province for housing, is projected to see the average house price reach *** million Canadian dollars in 2026. Affordability in Vancouver Vancouver is the most populous city in British Columbia and is also infamously expensive for housing. In 2023, the city topped the ranking for least affordable housing market in Canada, with the average homeownership cost outweighing the average household income. There are a multitude of reasons for this, but most residents believe that foreigners investing in the market cause the high housing prices. Victoria housing market The capital of British Columbia is Victoria, where housing prices are also very high. The price of a single family home in Victoria's most expensive suburb, Oak Bay was *** million Canadian dollars in 2024.

House prices in British Columbia and Ontario were notably higher than any other province in Canada in 2024. The average house price in any other province was less than ******* Canadian dollars, whereas in British Columbia and Ontario, it exceeded ******* Canadian dollars. The most affordable province to buy a home was Newfoundland, where the average home cost about ******* Canadian dollars.

Comprehensive dataset of 35 Commercial real estate agencies in Nova Scotia, Canada as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

The Canadian office real estate market, concentrated in major cities like Toronto, Ottawa, and Montreal, exhibits robust growth potential. With a market size exceeding [Estimate based on available data - Let's assume a 2025 market size of $50 Billion based on typical market sizes for similar developed nations and the provided CAGR. This is a placeholder and should be replaced with accurate data if available. Adjust this based on your better knowledge.], and a compound annual growth rate (CAGR) exceeding 8%, the market is poised for significant expansion through 2033. Key drivers include sustained economic growth, increasing urbanization, and a burgeoning technology sector driving demand for modern office spaces. The presence of significant players like Brookfield Asset Management, CBRE Canada, and others indicates a high level of competition and investment in the sector. However, challenges such as fluctuating interest rates, potential economic downturns, and the ongoing impact of remote work trends act as restraints on market growth. Future trends suggest a shift towards sustainable and technologically advanced office spaces, appealing to environmentally conscious businesses and employees, and emphasizing flexible lease terms and amenities to attract and retain talent. The segmentation by major cities reflects the concentrated nature of the market, with Toronto, Ottawa, and Montreal likely dominating market share due to their established economic hubs and population density. The forecast period of 2025-2033 presents opportunities for investors and developers to capitalize on the market's expansion, focusing on adaptive reuse strategies, building renovations, and the development of next-generation office spaces that cater to evolving business needs. The success of individual companies will hinge on their ability to adapt to changing market dynamics, including incorporating flexible work arrangements and emphasizing tenant experience to ensure occupancy rates remain high amidst an evolving work landscape. A strategic focus on sustainable building practices and technological integration will also be crucial for long-term success within the Canadian office real estate sector. This necessitates a thorough understanding of local regulations and market conditions for optimal investment and development strategies. This in-depth report provides a comprehensive analysis of the Canadian office real estate market, covering the period from 2019 to 2033. It offers invaluable insights for investors, developers, and industry professionals seeking to navigate this dynamic sector. With a base year of 2025 and an estimated year of 2025, the report forecasts market trends up to 2033, leveraging historical data from 2019-2024. Key market drivers, challenges, and emerging trends are analyzed, enabling informed decision-making in this multi-billion dollar market. Recent developments include: April 2022: Canadian Net Real Estate Investment Trust announced the purchase of four properties in Quebec and Nova Scotia. With transaction fees excluded, the total consideration paid was USD 18, 800,000, which was paid in cash. The purchase price reflects a capitalization rate for the portfolio of about 6.5%., February 2022: The first acquisition for Crown Realty Partners' value-add fund, Crown Realty V Limited Partnership, has been finished. The Park of Commerce property is a group of four office buildings situated along the Queensway Corridor in the Greater Ottawa Area. This purchase is a crucial milestone for their Fund as they optimize sustainability objectives and economic return targets as part of their value enhancement plan.. Key drivers for this market are: Increasing new construction activity as well as expansion of new startups and small enterprises, Increasing demand for affordable housing units. Potential restraints include: Lack of housing spaces and mortgage regulation. Notable trends are: Office spaces in Toronto and Vancouver are increasing.

This table contains data described by the following dimensions (Not all combinations are available): Geography (86 items: Nova Scotia; Prince Edward Island; Canada; Newfoundland and Labrador ...), Type of dwelling unit (5 items: Total units; Row units; Single units; Semi-detached units ...), Type of market (5 items: Homeowner; Rental; Condo; Co-op ...).

This table contains 204 series, with data for years 1981 - 2010 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (34 items: Canada; Newfoundland and Labrador; St. John's; Newfoundland and Labrador; Atlantic Region ...), New housing price indexes (3 items: Total (house and land);House only; Land only ...), Index base period (2 items: 1992=100;1997=100 ...).

Comprehensive dataset of 45 Property maintenances in Nova Scotia, Canada as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

The Canadian office real estate market, currently valued at approximately $XX million (assuming a reasonable market size based on comparable markets and the provided CAGR), is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 8% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the flourishing technology sector in major cities like Toronto, Montreal, and Ottawa is fueling significant demand for modern office spaces. Secondly, increasing urbanization and population growth within these metropolitan areas are contributing to a tightening of the office supply, further pushing rental rates upward. Finally, ongoing investments in infrastructure and a generally positive economic outlook in Canada contribute to a favorable environment for real estate investment. Major players like JLL, Colliers, CBRE Canada, and Avison Young are actively shaping the market dynamics, with significant developments and acquisitions influencing market trends. However, the market is not without its challenges. Rising interest rates and economic uncertainty present potential headwinds, impacting investment decisions and potentially slowing down growth in the short term. Furthermore, the increasing adoption of hybrid work models by many companies could lead to a decrease in overall demand for traditional office spaces, though the extent of this impact remains to be seen. The market's resilience will depend on the ability of developers and landlords to adapt to these evolving workplace trends, embracing flexible lease terms and innovative building designs to attract and retain tenants. The segmentation of the market by major cities highlights the regional variations in growth, with Toronto likely remaining a dominant force due to its established financial and technological hubs. A comprehensive understanding of these dynamic factors is crucial for investors and stakeholders navigating this evolving landscape. Recent developments include: April 2022: Canadian Net Real Estate Investment Trust announced the purchase of four properties in Quebec and Nova Scotia. With transaction fees excluded, the total consideration paid was USD 18, 800,000, which was paid in cash. The purchase price reflects a capitalization rate for the portfolio of about 6.5%., February 2022: The first acquisition for Crown Realty Partners' value-add fund, Crown Realty V Limited Partnership, has been finished. The Park of Commerce property is a group of four office buildings situated along the Queensway Corridor in the Greater Ottawa Area. This purchase is a crucial milestone for their Fund as they optimize sustainability objectives and economic return targets as part of their value enhancement plan.. Notable trends are: Office spaces in Toronto and Vancouver are increasing.

This table contains data described by the following dimensions (Not all combinations are available): Geography (11 items: Canada; Prince Edward Island; Nova Scotia; Newfoundland and Labrador ...), Type of unit (5 items: Total units; Semi-detached units; Row units; Single-detached units ...), Type of market (5 items: Homeowner; Condo; Co-op; Rental ...).

This table contains 275 series, with data for years 1988 - 2015 (not all combinations necessarily have data for all years), and was last released on 2015-12-21. This table contains data described by the following dimensions (Not all combinations are available): Geography (11 items: Nova Scotia; Canada; Newfoundland and Labrador; Prince Edward Island ...), Type of unit (5 items: Total units; Row units; Semi-detached units; Single-detached units ...), Type of market (5 items: Homeowner; Rental; Condo; Co-op ...).

Comprehensive dataset of 27 Furnished apartment buildings in Nova Scotia, Canada as of June, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Comprehensive dataset of 43 Real estate appraisers in Nova Scotia, Canada as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

In 2023, the rental market in Canada saw the lowest vacancy rate for rental apartments during the observed period. Approximately 1.5 percent of apartments were unoccupied in 2023, down from 1.9 percent the year below. Saskatchewan was the province with the highest vacancy rate, whereas Prince Edward Island and Nova Scotia had the lowest share of unoccupied apartments.

Frequency: OccasionalTable: 46-10-0028-01Release date: 2019-05-03Geography: Province or territory, Census subdivision, Census metropolitan area, Census agglomerationThe footnotes in the table are represented in brackets.1) A residential property" refers to all land and structures intended for private occupancy whether on a permanent or a temporary basis." 2) The geographic boundaries used in this table are the 2018 census subdivisions boundaries. 3) All counts undergo random rounding, a process that transforms all raw counts into randomly rounded counts. This reduces the possibility of identifying individuals in the tabulations. Subtotals and totals may not exactly equal the sum of component parts due to system rounding. 4) Property type" refers to property characteristics and/or dwelling configuration, on which there can be one or more residential structures. For the purpose of this table, property type is restricted to the following: single-detached house, semi-detached house, row house and condominium apartment." 5) Period of construction" refers to the period in time during which the building or dwelling was originally constructed. This refers to the period in which the building was completed, not the time of any later remodelling, additions or conversions. For properties having multiple residential structures, this refers to the period in which the most recent structure was completed."6) Assessment value" refers to the assessed value of the property for the purposes of determining property taxes. It is important to note that the assessed value does not necessarily represent the market value. The assessment values in Nova Scotia and British Columbia are in 2017 dollars, while the assessment values in Ontario are in 2016 dollars. Given that different provinces and territories have their own assessment periods and durations of the valuation roll, it is difficult to make accurate comparisons of similar properties from one province or territory to another. For properties that are being utilized for both residential and non-residential purposes, only the residential partitions' value has been taken into account."7) Total living area" refers to the residential living space within a structure. For residential structures that have a basement the finished basement area is included in the total living area, while unfinished basement area is not included." 8) Assessment value per square foot" refers to the assessment value of a property divided by its total living area."9) Above-grade living area" refers to the living area of a residential property excluding basements and levels below grade."10) A condominium apartment" refers to a set of living quarters that is owned individually while land and common elements are held in joint ownership with others."Cite: Statistics Canada. Table 46-10-0028-01 Living area and assessment value per square foot of residential properties by property type and period of construction, provinces of Nova Scotia, Ontario and British Columbiahttps://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=4610002801

The Canada Facade Market size was valued at USD 234 Million in 2023 and is projected to reach USD 546 Million by 2032, exhibiting a CAGR of 6.00">> 6.00 % during the forecast period. The Canadian facade market is growing due to urbanization and construction technology advancements. Facades, essential for building aesthetics and energy efficiency, include types like ventilated, non-ventilated, and curtain walls, using materials like glass, metal, and composites. Technologies involve advanced glazing, smart facades with sensors, and sustainable materials. Applications cover residential, commercial, and industrial buildings. Advantages include better thermal performance, energy savings, and extended building lifespan, promoting sustainability in urban areas. Recent developments include: August 2022: The purchase of Kaycan, a producer and retailer of exterior construction materials in Canada and the US, by Saint-Gobain was finalized on May 31, 2022., April 2022: The manufacturer of BIPV (building-integrated photovoltaics), Mitrex, with headquarters in Toronto, has revealed its most amazing undertaking to illuminate St. Mary's University (SMU) in Halifax, Nova Scotia. The student housing at St. Mary's University will transform thanks to an integrated solar facade solution from Mitrex, making it the tallest and largest BIPV microgrid implementation in North America.. Key drivers for this market are: 4., Increasing manufacturing sites4.; The increasing middle-income group and access to mortgage finance. Potential restraints include: 4., Rising cost of construction materials.. Notable trends are: Increasing Technological Development in Construction Industry.

This table contains data described by the following dimensions (Not all combinations are available): Geography (11 items: Canada; Prince Edward Island; Nova Scotia; Newfoundland and Labrador ...), Type of unit (5 items: Total units; Semi-detached units; Row units; Single-detached units ...), Type of market (5 items: Homeowner; Condo; Co-op; Rental ...).

The vacancy rate of rental apartments decreased across most provinces in Canada in 2023. Prince Edward Island and Nova Scotia had the lowest vacancy rate of 1.1 percent, whereas the average for the country stood at 1.5 percent. Ontario and British Columbia had 1.7 percent and 1.2 percent of rental properties unoccupied. The two provinces were home to the most expensive rental markets in the country, Vancouver and Toronto.