The modernization of the Halifax Shipyard is good news for his business, says Miguel Salguiero, co-owner of Omega Formwork Inc. of Mount Uniacke.
Omega was among a number of local companies included in $28.5 million worth of shipyard modernization contracts announced Tuesday by Irving Shipbuilding.
Halifax area housing market expected to rebound in 2014
The Halifax-Dartmouth region will lead an Eastern Canadian real estate market resurgence in 2014, says the Re/Max Canadian Housing Market Outlook released Wednesday.
Along with a five per cent increase in sales activity, the national survey predicted an average selling price of $278,000 next year, for a one per cent increase over 2013 for the region.
HALIFAX, NOVA SCOTIA--(Marketwired - Dec. 12, 2013) - The rental apartment vacancy rate[sup]1 in Nova Scotia's urban centres2[/sup] was 3.7 per cent in October, 2013, up from 3.4 per cent in October, 2012 according to the Fall Rental Market Survey released today by Canada Mortgage and Housing Corporation.
The real estate market in Nova Scotia had a sluggish fall, but industry groups remain optimistic that a rebound is around the corner.
According to numbers released by the Nova Scotia Association of REALTORS Monday, provincial sales were down 6.8 per cent in the three-month period ending in November when compared to last year. Halifax-Dartmouth led the way with a 10.2 per cent drop in sales.
According to the Fall 2013 report from the Canada Mortgage and Housing Corp. (CMHC) , released recently, the apartment vacancy rate was 2.7 per cent in October, up from 2.2 per cent in October 2012.
In St. John`s, the vacancy rate was 3.2 per cent in October, compared with 2.8 per cent the year before.