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  #361  
Old Posted Dec 21, 2018, 1:00 PM
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  #362  
Old Posted Dec 31, 2018, 1:48 AM
terrynorthend terrynorthend is offline
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Wow. Looking at that population growth chart, if we keep pace with growth between 2015 and 2018, we will reach 1 million by 2021! Consider that it took from 1971 to 1991 to grow by 100k, and then we languished from 1991 until basically just two years ago unable to grow by 50k more. It's simply astonishing growth. Probably all (or most) in Halifax. No wonder it looks busier around town.
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Old Posted Jan 20, 2019, 8:13 PM
Colin May Colin May is online now
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Housing is cheaper here and the weather is better, neither of which is the result of any government action.
The best choice is Nova Scotia. As wise investors say 'Value will out'.
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  #364  
Old Posted Mar 28, 2019, 2:06 PM
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Halifax's population increased by +8,544 (2%) from 2017/2018.



https://www150.statcan.gc.ca/n1/dail...-eng.htm?HPA=1

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  #365  
Old Posted Mar 30, 2019, 11:13 AM
HfxExpat HfxExpat is offline
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This is amazing. I remember in 2017, when the 1 July 2016 CMA population stats showed HRM had grown by 6k in the year a lot of people said that we should wait to see if the numbers were a blip or part of a longer-term growth trend.

We've since followed that with 8k growth in 2017, and 8.5k growth in 2018.

I wonder if this three-year stretch of data will give some developers more confidence about proceeding with some more ambitious projects. Eight thousand new people per year need to live somewhere!
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  #366  
Old Posted Mar 30, 2019, 11:31 AM
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This should put the boots to the arguments of anti-development types like Peggy Cameron when they say "Who will be living in all these units?".
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  #367  
Old Posted Mar 30, 2019, 2:07 PM
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Quote:
Originally Posted by Keith P. View Post
This should put the boots to the arguments of anti-development types like Peggy Cameron when they say "Who will be living in all these units?".
Answer:
http://forum.skyscraperpage.com/show...68&postcount=7
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  #368  
Old Posted Mar 30, 2019, 5:26 PM
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Quote:
Originally Posted by HfxExpat View Post
I wonder if this three-year stretch of data will give some developers more confidence about proceeding with some more ambitious projects. Eight thousand new people per year need to live somewhere!
The apartment vacancy rate in Halifax has been going down too. It used to be around 3-4% and now it is down close to 1%, the lowest it has ever been (CMHC).

This implies that the number of new apartments has to go up by even more than the increase in population growth, because it can no longer be fueled much by newcomers to the city moving into existing vacant apartments.

One thing that changed about Halifax demographics is that the federal government removed the very low caps on provincially-sponsored immigration to Nova Scotia. The cap used to be something like 300 a year (in the Harper era) while SK or MB would have caps in the thousands. I think PEI may have even had a higher cap than NS (Charlottetown is growing a lot too). Now NS is more in line with other provinces.
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