In this issue...
Housing Bubble?
Residential property prices in Halifax Regional Municipality have risen by 38% over the past two years. Is this a Bubble? When will prices stop rising? What happens if interest rates increase? Is inter-provincial migration going to continue once the Covid-19 pandemic slows? What is going to happen in the next 3, 5 or 10 years?
We delve into the data to answer these questions and more...
Property Tax Division
Hospitality Headache
Covid-19 has had a crushing impact on the hospitality industry; hotels, restaurants, theatres, entertainment parks, camp grounds, golf courses, bar and night clubs, fast food outlets… all were impacted in March 2020 as provincial governments declared states of emergency and urged their populations to stay at home. We provide some options for property tax relief...
Valuation Division
Turning Dreams into Reality
Have you ever gazed at a decrepit old building, or vacant parcel of land, thinking to yourself “This would be the perfect place for…” Our Valuation Division explains how it can help...
Lasercad® Division
Pandemic Fuels New Perspective
The Covid-19 pandemic has had a tremendous impact on the commercial real estate industry. In the early stages, many tenants shifted to a remote-working environment. Some have returned to their rented space in full force while many others are looking to a hybrid model going forward, and a downsizing of their footprint. This creates opportunities as well as problems. The spacemen in our Lasercad® Division lay out the options...
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