Commercial Vacancy Rates, Q4 2011
Location
| Class A
| Class B
| Class C
|
Downtown Halifax
| 7.0%
| 14.9%
| 16.2%
|
Peripheral Halifax
| 4.9%
| 5.8%
| 12.1%
|
Dartmouth
| 10.5%
| 16.6%
| 17.6%
|
Bedford/Sackville
| 18.6%
| 9.6%
| 7.4%
|
Source: Colliers International (Atlantic) Inc. - 4th Quarter 2011 Halifax Market Statistics
Industry Vacancy Rates, Q4 2011
Location
| Vacancy Rate
|
City of Lakes Business Park
| 4.9%
|
Bayer's Lake/Ragged Lake
| 7.9%
|
Atlantic Acres
| 2.3%
|
Glendale/Cobequid
| 0.0%
|
Burnside Industrial Park
| 6.1%
|
Source: Colliers International (Atlantic) Inc. - 4th Quarter 2011 Halifax Market Statistics
Monthly Housing Starts in Halifax 2007 to 2011
Monthly Housing starts in Halifax continued to grow, in December there were 508 starts, 383 of which were attributable to a the addition of apartment units.