Property Prices in Halifax, Canada

Index Info
Price to Income Ratio: 6.02
Mortgage as Percentage of Income: 48.99%
Loan Affordability Index: 2.04
Price to Rent Ratio - City Centre: 16.40
Price to Rent Ratio - Outside of Centre: 10.85
Gross Rental Yield (City Centre): 6.10%
Gross Rental Yield (Outside of Centre): 9.22%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,725.57 C$ 1,500.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,396.67 C$ 1,200.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,869.35 C$ 2,300.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,208.65 C$ 1,800.00-2,600.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 554.03 C$ 278.71-929.02
Price per Square Feet to Buy Apartment Outside of Centre 290.32 C$ 232.26-371.61
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,772.37 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.32 2.30-8.75

These data are based on 254 entries in the past 18 months from 54 different contributors.
Last update: June 2023

Sources and References
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