Halifax's Increasing Rental Cost Moves It Up To The 20th Spot among Canada's Most Expensive Cities
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Rental costs in Halifax, Nova Scotia have surged by 45%, with the average residential rental price now estimated at $1,856 per month. It's the biggest jump among major Canadian cities and it's attributed to high demand and low supply due to the pandemic and students returning to the city. The efforts to mitigate the housing crisis includes a provincial investment of $7.4 million to create 109 new affordable housing units. #HalifaxHousingCrisis #RentalSurge #AffordableHousing 🏠📈💰 Español: Los costos de alquiler en Halifax, Nueva Escocia, han aumentado un 45%, y el precio promedio de alquiler residencial ahora se estima en $1,856 por mes. Es el mayor salto entre las principales ciudades canadienses y se atribuye a la alta demanda y la baja oferta debido a la pandemia y al regreso de los estudiantes a la ciudad. Los esfuerzos para mitigar la crisis de vivienda incluyen una inversión provincial de $7,4 millones para crear 109 nuevas unidades de vivienda asequibles. #HalifaxHousingCrisis #RentalSurge #AffordableHousing 🏠📈💰
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Rental costs in Halifax, Nova Scotia have surged by 45%, with the average residential rental price now estimated at $1,856 per month. It's the biggest jump among major Canadian cities and it's attributed to high demand and low supply due to the pandemic and students returning to the city. The efforts to mitigate the housing crisis includes a provincial investment of $7.4 million to create 109 new affordable housing units. #HalifaxHousingCrisis #RentalSurge #AffordableHousing 🏠📈💰 Español: Los costos de alquiler en Halifax, Nueva Escocia, han aumentado un 45%, y el precio promedio de alquiler residencial ahora se estima en $1,856 por mes. Es el mayor salto entre las principales ciudades canadienses y se atribuye a la alta demanda y la baja oferta debido a la pandemia y al regreso de los estudiantes a la ciudad. Los esfuerzos para mitigar la crisis de vivienda incluyen una inversión provincial de $7,4 millones para crear 109 nuevas unidades de vivienda asequibles. #HalifaxHousingCrisis #RentalSurge #AffordableHousing 🏠📈💰
