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Nova Scotia

Housing Market Review
Live reportAugust 2026
Average Price
$467,585
MoM0.5%
YoY0%
Transactions
997
MoM-7.3%
YoY-7.1%

Average Sold Price*

*All residential properties sold through the MLS® System, Nova Scotia

Transactions*

*All residential properties sold through the MLS® System, Nova Scotia

Market Conditions

August 2026

Benchmark Price$435,000
YoY1.6%
MLS® HPI composite: the price of a typical home
Benchmark, Single Family$433,200
YoY2.7%
MLS® HPI, single-family homes
Benchmark, Townhouse$512,900
YoY-5.9%
MLS® HPI, townhouse and row units
Benchmark, Apartment$422,100
YoY-8.8%
MLS® HPI, apartment units
New Listings1,571
YoY3%
Active Listings5,643
YoY13.6%
Homes for sale at month end
Months of Inventory5.7
YoY23.9%
How long the homes for sale would last at the current pace of sales (4.6 a year ago)
Sales Volume$466.2M
YoY-7.1%
Total value of the homes sold
Year-to-Date Sales7,022
YoY-8.1%
Homes sold since January 1
Year-to-Date Average$479,667
YoY1.2%
Average price of the homes sold since January 1

Nova Scotia - Region Breakdown

August 2026

Cape Breton had the lowest average property price in the market, with an average price of $289,859. On the other hand, Halifax-Dartmouth was the area with the highest average property price, reaching $592,675. Additionally, Highland Region saw the largest month-over-month rise in average price with a 13% increase, while Annapolis Valley had the lowest with a -4.4% decrease.

Area
Avg. Price
Monthly Change
Yearly Change
Transactions
Annapolis Valley$394,019
-4.4%
1.7%
159
Cape Breton$289,859
-1.5%
15.3%
89
Halifax-Dartmouth$592,675
2.6%
-1.9%
441
Highland Region$367,859
13%
14.1%
41
Northern Nova Scotia$332,251
2.6%
-1.3%
144
South Shore$455,127
0.9%
0.9%
105
Yarmouth$313,944
11.3%
-4.4%
18

The seven regions add up to the province. Halifax-Dartmouth alone is 44% of this month's sales.

Glossary

Nova Scotia

The whole province, as reported by the Nova Scotia Association of REALTORS®. Its seven regions (Halifax-Dartmouth, Annapolis Valley, Cape Breton, Highland Region, Northern Nova Scotia, South Shore, Yarmouth) each have a page and add up to the province.

Average price

Total dollars paid divided by the number of sales, as printed by NSAR for the province and each region.

Benchmark price

The MLS® Home Price Index value of a typical home, tracked over time. Unlike the average, it does not move just because more expensive (or cheaper) homes happened to sell this month. NSAR publishes it for the province only: composite, single-family, townhouse/row and apartment.

Months of inventory

How long the homes currently for sale would last at the current pace of sales. NSAR's long-run average for the province is about 4.6 months.

Year to date

Sales and average price over all the months since January 1, as NSAR prints them.

Yearly change

NSAR's printed change from the same month a year earlier. NSAR revises earlier months as late sales are recorded and computes the change on the revised figures, so it can differ slightly from a change taken between the two months shown on the charts.

Regions

Halifax-Dartmouth is close to half of the province's sales. The smaller regions (Yarmouth, Highland Region) sell a few dozen homes a month, so their average price can swing sharply from one month to the next.

Data obtained from the Nova Scotia Association of REALTORS® (NSAR) MLS® Statistical Report reports.

The information presented on HousingPortal.ca is intended for general illustrative purposes only. While the information is believed to be reliable, it cannot be guaranteed for accuracy, completeness, or currency. Neither HousingPortal.ca and its employees, nor any other party identified in this guide/report, assumes any liability for the information provided. The views and opinions expressed by the analysts at HousingPortal.ca are their own and should not be considered as investment advice. It is recommended that you seek the advice of a licensed real estate professional before making any decisions regarding real estate investments.