Property assessments in Nova Scotia continued to rise with an overall increase of about six per cent over last year.
“The residential real-estate market remains quite stable,” Lloyd MacLellan, vice-president at Property Valuation Services Corp., said in a release.
“And there is also stability in the commercial real-estate market, with an actual growth rate of four per cent ... Overall, property values across Nova Scotia continue to move ahead, but at a lower rate than in the past few years.”
Assessments were mailed yesterday to more than 585,000 property owners across the province.
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Property values keep rising in N.S.
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