Real Estate Blog - atlantic canada

What’s Happening in the Atlantic Canada Housing Market?

Posted by Infinity Admin on October 28th, 2022

The Atlantic Canada housing market has been sizzling since the early days of the coronavirus pandemic. But what differentiates the real estate markets in New Brunswick, Prince Edward Island, Nova Scotia, and Newfoundland and Labrador is how they have held steady, even as the broader Canadian real estate market experiences a correction.

Although there have been forecasts suggesting that the eastern provinces could join the downturn, the numbers so far show that real estate activity in this part of Canada is not imploding.

So, what do the data show? Let’s look at the latest trends in Atlantic Canada.

What’s Happening in the Atlantic Canada Housing Market?

Here is a look at the four major Atlantic Canada real estate…

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Atlantic Canada Real Estate Activity Continues to Heat Up

Posted by Infinity Admin on July 15th, 2022

How is the Atlantic Canada real estate market performing in the era of rate normalization? Eastern Canada has been a hotbed of growth for the last two years, from population gains to economic resuscitation. With the coronavirus pandemic turning the housing industry upside down and triggering a change in consumer patterns, the Maritimes region is enjoying a renaissance. But while there is the uncertainty of higher interest rates and a post-crisis national economy reopening, experts are confident that this part of the country will survive the next phase of the economic cycle.

In the meantime, market analysts are combing through the data to determine just how well places like Prince Edward Island and Nova Scotia are doing in this environment. Experts…

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Newfoundland Real Estate Frenzy and the Impact on Locals

Posted by Infinity Admin on June 16th, 2022

Is the Newfoundland and Labrador real estate market still sizzling, or is it cooling down like a February evening in the province?

For the last two years, Canada’s housing market has been taken aback by the exceptional growth in Atlantic Canada, heated up by the population boom and the surge in home prices. This was a surprising turn of events because, before the coronavirus pandemic, people were leaving parts of the east coast, and some local real estate markets unable to gather much momentum.

Now it appears that Newfoundland real estate is joining the broader market. Sales activity is strong, though it has eased recently. Price gains remain sky-high, but growth has also eased year-over-year. Overall, the housing boom is…

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Moving Interprovincially to Atlantic Canada

Posted by Teri-Lynn Jones on January 27th, 2022

Perhaps it’s the real estate options, the laidback lifestyle, or the scenic vistas—whatever the reason, more Canadians are making the Maritime move and trading their city views for the east coast lifestyle. 

​​It’s safe to say the COVID-19 pandemic inspired a nationwide collective of re-evaluating living spaces and a newfound desire to connect with the great outdoors. Considering the east coast offers no shortage of year-round adventures, bustling food and culture scenes, and numerous career opportunities for driven professionals in all industries, it comes as no surprise more and more Canadians are considering a relocation to the east coast. 

In fact, record numbers of Canadians moved to Atlantic Canada in Q2 of 2021, this according to RBC…

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