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INSight Blog

CMHC Halifax Rental Market Report

Halifax Rental Market Summary CMHC’s Lead Economist for Halifax, Kelvin Ndoro, provides his summary and analysis of the 2025 Rental Market Report – Halifax, highlighting the forces shaping this year’s rental landscape. Vacancy has increased to 2.7%, yet remains below...

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CMHC Rental Market Report

CMHC 2025 Rental Report CMHC’s newly released 2025 Rental Market Report highlights significant shifts in supply, demand, and affordability across Canada. Rising vacancy rates and increased rental completions point to some easing in overall market pressure, yet...

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Halifax Fire

Middle Sackville apartment fire among six recent smoking-related blazes A Middle Sackville apartment building was destroyed in a fire traced to improperly discarded smoking materials on an exterior balcony—one of six similar incidents in the region over three months....

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HRM

HRM Tax Cap – Staff Report MotionMotion introduced by Councillor Janet Steele Halifax Regional Municipality Council held an extended debate on the impacts of the provincial Property Tax Cap after Councillor Janet Steele introduced a motion requesting a staff report on...

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HRM

Halifax Housing Starts Surge to Second-Highest Level Ever Recorded New CMHC data shows Halifax posted its second-highest monthly housing starts on record in October 2025, signalling sustained construction momentum across the region. The city recorded 552 new housing...

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Build Canada

Federal Housing Budget Cut by 56% Despite Ongoing Crisis, Analysis Finds New analysis shows the federal government has reduced its housing budget by 56% even as affordability pressures worsen nationwide. The Parliamentary Budget Officer reports that core funding for...

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HRM Budget

‘May have to lose my house’: Concern as Halifax considers double-digit property tax hike Halifax Regional Council is reviewing options to reduce a projected 10.5% average property-tax increase after residents warned they cannot absorb another major escalation in...

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Development

Rising land costs hamper industrial development in Atlantic Canada Developers across Atlantic Canada report that rapidly escalating land prices are making industrial projects more difficult to advance. According to industry analysts, higher acquisition costs—combined...

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HRM Budget

HRM Budget Direction 2026–27 – Snapshot HRM’s draft Budget Direction projects an average 10.5% increase to the municipal tax bill for 2026–27. Rising compensation costs, reserve replenishment, inflationary pressures, and previously approved commitments are driving an...

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Development

Non-market housing to replace deteriorating St. Theresa’s building in Halifax Halifax’s aging St. Theresa’s building is slated for redevelopment into affordable, non-market housing. Community advocates have raised concerns for years about deteriorating conditions at...

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