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Bidding wars, record prices, viewing lineups: Halifax s housing market heats up - Medicine Hat NewsMedicine Hat News

The Moriarty family, shown in a handout photo, purchased a home in Halifax after offeringÂ $50,000 over the list price and including a handwritten letter by their seven-year-old daughter excited to plant vegetables in the garden.Â Sarah Moriarty said trying to buy a house in the city s red-hot housing market left her feeling frustrated and stressed. We almost gave up, she said. THE CANADIAN PRESS/HO HALIFAX – Two years after moving to Halifax from Ireland, Sarah and Nick Moriarty began house hunting. After losing multiple bidding wars, the couple offered $50,000 over the list price on a house ““ and included a handwritten letter by their seven-year-old daughter who was excited to plant vegetables in the garden ““ before they finally sealed a deal.

British columbiaBrett bundaleDylan ryanSarah moriartyDonna maloneNick moriartyKelvin ndoroCanadian press onNova scotia business incCanadian real estate associationHousing corpNova scotia association of realtorsCanadian pressEast coastNova scotiaNova scotia association

Bidding wars, record prices, viewing lineups: Halifax s housing market heats up

It was really frustrating and stressful and we almost gave up, said Sarah Moriarty in an interview from the family’s new home in Bedford, a suburban community of Halifax. I think the letter did pull on the sellers’ heartstrings because they had multiple offers and I don’t think ours was the highest. The real estate frenzy that has long been the norm in Toronto and Vancouver has hit the East Coast, with cities like Halifax at the epicentre of the region’s frenetic housing market. Home prices in the Nova Scotia capital have reached record heights, with selling tactics like under-listing a house to attract multiple offers, bidding wars, and people buying houses sight unseen becoming increasingly common.

British columbiaDylan ryanSarah moriartyDonna maloneNick moriartyKelvin ndoroNova scotia business incCanadian real estate associationHousing corpNova scotia association of realtorsEast coastNova scotiaNova scotia associationTourism nova scotiaNova scotia businessCanadian real estate

Bidding wars emerge in Halifax s housing market

Bidding wars emerge in Halifax s housing market
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British columbiaDylan ryanSarah moriartyDonna maloneNick moriartyKelvin ndoroNova scotia business incCanadian real estate associationHousing corpNova scotia association of realtorsEast coastNova scotiaNova scotia associationTourism nova scotiaNova scotia businessCanadian real estate

Bidding wars, record prices, viewing lineups: Halifax s housing market heats up

Bidding wars, record prices, viewing lineups: Halifax s housing market heats up
newsoptimist.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsoptimist.ca Daily Mail and Mail on Sunday newspapers.

Bidding wars, record prices, viewing lineups: Halifax s housing market heats up

Bidding wars, record prices, viewing lineups: Halifax s housing market heats up
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