INSight Blog
Lifting of Renovation Ban
N.S. community groups raise concern over end of ban on renovictions The front lines of housing support in Nova Scotia are raising concerns over the upcoming end of renoviction bans. “Lifting this ban is going to have an immediate impact on the number of clients...
What’s Happening Across Canada
P.E.I. rents see biggest increase in a decade ‘Their approach to building affordable units isn’t working’ The cost of renting spiked on P.E.I. last year, according to a report from the Canada Mortgage and Housing Corporation (CMHC), and the Opposition Green Party says...
What’s Happening Across Canada
$4,094 rent for three bedrooms now meets Vancouver’s definition of “for-profit affordable housing The City of Vancouver grants many incentives for developers of “for-profit affordable rental housing”. It’s a policy that started during the time of then Mayor Gregor...
Development
Wait times for Halifax building, development permits 'nowhere near acceptable' Director asks council to consider additional funding to allow for more hires HALIFAX, N.S. — Wait, wait and wait some more. If you’ve applied for a building or development permit from...
Major Renovation Ban
N.S. renoviction ban likely ending with COVID-19 restrictions next month Minister says protections in place for renters, but NDP leader expresses concern With Nova Scotia's ban on so-called renovictions likely coming to an end next month, the minister responsible for...
IPOANS Sponsored Research
Turner Drake & Partners - Rental Apartment Property Tax Trends Residential rental apartments continue to shoulder a larger and larger share of the tax burden in the Halifax Regional Municipality. As shown in the above chart, unitised assessment values have risen...
Rent Control
Rent Controlled Markets Feel Reduction in Multifamily Investments A new survey shows that almost 60 percent of multifamily firms indicate they are reducing or avoiding investment in rent-controlled markets, according to the National Multifamily Housing Council (NMHC)....
Out of Province Homeownership Tax
New N.S. Tax Could Triple Bill For Out-Of-Province Homeowners HALIFAX–THE NOVA SCOTIA ASSOCIATION OF REALTORS (NSAR) HAS SOME CONCERNS OVER A PROPOSED OUT-OF-PROVINCE HOMEOWNERSHIP TAX. If passed, the tax would triple property taxes for those who own a home in Nova...
HRM
HRM council approves new tax system for commercial properties System will be implemented in 2023-24 tax season, to be reviewed after a year Halifax regional council has approved a new tax system for commercial properties . A new report with three options for tax...
IPOANS Media Release
Apartment tax assessments skyrocket as Halifax prepares to raise taxes For Immediate Release February 9, 2022 Over the last eight years, the value of apartment tax assessments has jumped 66 per cent, more than any other sector in the province. That’s according to a...
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