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Property Prices in Halifax, Canada
| Index |  |
|---|---|
| Price to Income Ratio: | 6.11 |
| Mortgage as Percentange of Income: | 43.14% |
| Loan Affordability Index: | 2.32 |
| Price to Rent Ratio - City Centre: | 18.88 |
| Price to Rent Ratio - Outside of Centre: | 13.37 |
| Gross Rental Yield (City Centre): | 5.30% |
| Gross Rental Yield (Outside of Centre): | 7.48% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,127.59 C$ | |
| Apartment (1 bedroom) Outside of Centre | 843.18 C$ | |
| Apartment (3 bedrooms) in City Centre | 1,890.15 C$ | |
| Apartment (3 bedrooms) Outside of Centre | 1,456.42 C$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 418.25 C$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 224.32 C$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 2,827.97 C$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.65 |
These data are based on 145 entries in the past 18 months from 28 different contributors.
Last update: December 2018
Sources and References:
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