CMHC states that Halifax has the following features:

Halifax features:

• The fastest growing population in Atlantic Canada
• One of the world’s best locations for business, according to a recent KPMG survey
• A growing high-tech economy
• Canada’s most educated residents – 63% have a university degree or trade school diploma
• Several of Canada’s most respected universities
• Many beautiful parks and historic sites

The recent CMHC release states:

"Housing market activity remains mixed in the Halifax Regional Municipality (HRM) as of August 2011.  Single detached housing starts were down last month, while apartment construction and existing home sales recorded higher levels of activity.  Prices also continued to advance in August with growth in both new and existing average home prices."

"The largest year-to-date price increases were in the submarkets of Fall River-Beaverbank and Sackville at 5.7 and 8.1 per cent, respectively.  The highest average price continues to be found in Bedford-Hammonds Plains which saw growth of 4.1 per cent to $342,155 as of August."