Property investors from outside Nova Scotia have already moved to ferret out opportunities in Halifax following announcement of that $25 billion shipbuilding contract, says one local expert, suggesting those buyers may claim a significant share of acquisitions in the next 12 to 18 months.
That interest is expected to steadily grow in the next year, with REIN head Don Campbell suggesting price growth will follow the same kind of trajectory and not the boom-bust of some Western markets coming to terms with their newfound economic wealth.