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Development

Halifax Approves Major Housing Development at Mic Mac Mall Site CBC reports that Halifax Regional Council has approved plans to redevelop portions of the Mic Mac Mall parking lots into thousands of new housing units. The project represents a significant...

Mortgages

Rising Mortgage Delinquencies Raise Concerns About Household Financial Stress Better Dwelling reports that Canadian mortgage delinquencies are rising at a pace that analysts say resembles early warning signs seen before past housing downturns in the United States....

Condos

Canada’s Banking Regulator Warns Lenders on Condo Appraisal Practices Canada’s banking regulator has warned major lenders to strengthen oversight of condominium appraisal practices, amid concerns about valuation accuracy in certain markets. The regulator highlighted...

HRM

Rental Price Pressures Shift East as Halifax Rents Approach Toronto Levels Better Dwelling reports that rental price growth is increasingly shifting toward smaller Canadian markets, with Halifax rents rising rapidly and narrowing the gap with larger urban centres such...

HRM

Nova Scotia Expands Authority to Intervene in Halifax Housing Decisions CBC reports that Nova Scotia will extend and expand its authority to intervene in Halifax housing-related decisions. The move reinforces the province’s role in accelerating housing supply and...