12-Month Median Price & 6-Month Sales Trend
Median Sale Price (12 mo)
Total Sales (6 mo)
Regional Price Comparison — August 2026
Market Temperature — All Regions
Economic Snapshot
2.25%
BoC Overnight RateHeld 6th straight time (Jul 15); next decision Sept 2, 2026
~3.94%
Best 5-yr FixedBig banks average closer to 4.9–5.1%
~3.30%
Best 5-yr VariablePrime rate 4.45%
3.0%
Canada CPI (Jul)Energy/tariff-driven; core near 2%
5.0%
NS CPI (Jul)Highest of any province — mostly gas/energy
6.2%
NS Unemployment (Jul)Down 0.7pp YoY; 2nd straight month of job gains
Analyst Pulse
Daniel Foch — Chief Real Estate Officer, Valery.ca
National sales rose for a 4th straight month in July but remain 5.3% below last year; national inventory tightened to 4.7 months. Foch's key point: Atlantic Canada is cooling out of seller's-market territory toward balance — exactly what NSAR's August data confirms for Nova Scotia.
Source: Real Estate Magazine, Aug 18, 2026
Millennial Moron / Owl Mortgage Podcast / Mark Mitchell
No dated August 2026 commentary was found from any of these three sources this cycle. Noted here rather than fabricated — check their channels directly for the latest.
Checked Sept 1, 2026
90-Day Outlook
HRM →
Months of supply likely holds 3.5–4.5 through fall as listings slow seasonally; prices flat to slightly softer. The Peninsula's rebalancing is the trend to watch closest.Annapolis Valley →
Buyer's market conditions persist or deepen toward 6–7 months of supply; more room for buyers to negotiate on price and conditions.South Shore →
Stays a Buyer's Market through fall; further softening possible if listings keep outpacing sales.Provincial →
Gradual drift from Balanced toward looser conditions is the base case, driven by rising inventory rather than falling demand — barring a surprise at the Sept 2 BoC decision.All Regions — Full Detail
| Region | Median Price | Mo. Supply | Temp | Sales | MoM | YoY |
|---|---|---|---|---|---|---|
| Halifax-Dartmouth (HRM) | $550,000 | 3.9 | Balanced-Seller | 403 | -13.1% | -6.9% |
| Annapolis Valley | $378,000 | 6.4 | Buyer's | 151 | -1.9% | +9.4% |
| South Shore | $394,700 | 8.1 | Buyer's | 98 | +6.5% | -7.5% |
| Cape Breton | $263,750 | 5.4 | Balanced | 76 | -8.4% | -6.2% |
| Northern Region | $325,000 | 7.2 | Buyer's | 121 | -4.0% | -8.3% |
| Yarmouth Region | $292,000 | 8.1 | Buyer's | 16 | -36.0% | -27.3% |
| Highland Region | $340,000 | 11.9 | Buyer's | 33 | -2.9% | -17.5% |
Pending sales pulled back sharpest in Yarmouth Region this month (-53.6% MoM), the largest drop of any region.