New Glasgow
What changed, and when
Every figure on this site comes from a primary source and carries the date it was checked. This is the record of what moved.
How do I know the figures on this site are current?
Because the changes are written down. Every number is imported from one data file with its primary source attached, the whole set was last verified September 16, 2026, and the 10 entries below record what changed, when it took effect, and when this site picked it up. The most recent: bank of Canada policy rate held at 2.25%, September 2, 2026.
The record
Newest first. “Effective” is when the change took hold; “noted” is when it was checked and published here.
| Effective | Area | What changed | Noted |
|---|---|---|---|
| Sep 2, 2026 | Rates | Bank of Canada policy rate held at 2.25% Next scheduled decision 28 October 2026. The policy rate sets prime, which sets variable-rate mortgage payments. Source | Sep 16, 2026 |
| Aug 31, 2026 | Market | August 2026 Nova Scotia housing statistics published Provincial average sale price $467,585, MLS HPI benchmark $435,000, 5.7 months of inventory. Every town and region page recomputes from these figures. Source · The page this affects | Sep 16, 2026 |
| Aug 7, 2026 | Nova Scotia | Non-resident deed transfer tax windows extended The proof-of-residency window went from six months to one year, and the refund window from one year to two. Source · The page this affects | Sep 16, 2026 |
| Jul 1, 2026 | Nova Scotia | Municipal deed transfer tax schedule reissued All 49 municipal rates re-read from the provincial schedule: 15 charge 1.0%, three charge 1.25%, 31 charge 1.5%. Source · The page this affects | Sep 15, 2026 |
| Apr 1, 2026 | Federal | Canadian Armed Forces Relocation Directive takes effect A house hunting trip is up to 5 days and nights at the new location, normally not exceeding 7 days including travel. Bridge financing interest is reimbursable under section 8.3.07. Source · The page this affects | Sep 16, 2026 |
| Feb 3, 2026 | Nova Scotia | Nova Scotia First-time Homebuyers Program launched 2–4% down with no mortgage insurance premium, income under $200,000, credit 630+, price caps $570,000 in HRM and East Hants and $500,000 elsewhere. Delivered by participating credit unions only. Source · The page this affects | Sep 16, 2026 |
| Jan 1, 2026 | Nova Scotia | Capped Assessment Program rate set at 2.6% for 2026 The cap is removed in the year after a sale to anyone other than a family member, so a buyer’s first full year of property tax is usually higher than the seller’s. Source · The page this affects | Sep 16, 2026 |
| Apr 1, 2025 | Nova Scotia | Non-resident deed transfer tax doubled to 10% Up from 5%, on residential property of three dwelling units or fewer including vacant residential land, charged on the higher of purchase price and assessed value. Source · The page this affects | Sep 16, 2026 |
| Jan 15, 2025 | Federal | Secondary suite refinancing rules take effect Insured refinancing to 90% of the as-improved value including the value the suite adds, property under $2,000,000, amortization to 30 years, maximum four units. Source · The page this affects | Sep 16, 2026 |
| Nov 21, 2024 | Federal | OSFI exempts straight switches from the stress test An existing stand-alone uninsured mortgage moving between federally regulated lenders is exempt from the minimum qualifying rate, provided the amortization and loan amount do not increase; the balance may rise by up to $3,000 for penalties or fees. Source · The page this affects | Sep 16, 2026 |
What is deliberately not on this site
Three things, for the same reason: nothing authoritative publishes them, and a confident-looking number with no source behind it is worse than no number.
- Mortgage rates. They move daily and a stale rate misleads. The 2.25% policy rate above is published on a schedule; retail mortgage rates are not.
- Appraisal and home inspection fees. No Nova Scotia body publishes a range, so none is quoted anywhere on this site.
- Town-level average prices. Nova Scotia housing statistics are published by region only, so every town page uses its region’s figure and says so. The August 2026 provincial average is $467,585.
Why a broker
Licensed, independent, paid by the lender
- Licensed in Nova Scotia Associate broker 3001134, verifiable on the provincial register
- $0 broker fee On a standard residential mortgage the lender pays, not you
- Banks, credit unions, monolines One application, placed with the lender that reads your file best
- Every part of the province Bedford office, remote process — Yarmouth to Sydney, the same way
Questions people ask
Has the Nova Scotia deed transfer tax changed?
The municipal schedule was reissued in July 2026 and re-read in full for this site on 15 September 2026: 15 municipalities charge 1.0%, three charge 1.25% and 31 charge 1.5%. Separately, the provincial non-resident deed transfer tax doubled from 5% to 10% on 1 April 2025, and in August 2026 the proof-of-residency and refund windows were extended to one and two years.
How current are the figures on this site?
Every page carries a "last verified" date, and every number is imported from one data file with its primary source attached. The whole set was last verified September 16, 2026. This page lists what actually changed and when, so you can check rather than take it on trust.
What is the Bank of Canada policy rate right now?
2.25%, set on September 2, 2026, with the next scheduled decision on October 28, 2026. This site does not publish mortgage rates — they change daily and a stale rate is worse than none — but the policy rate is published on a schedule and is what moves prime.
How often are these figures re-checked?
Quarterly, and whenever a source changes: the monthly Nova Scotia housing statistics, the Bank of Canada decision dates, the provincial deed transfer tax schedule, the two provincial buyer programs, OSFI's annual review of the qualifying rate and the CMHC product pages. Where no authoritative source publishes a figure — appraisal and home inspection fees, for instance — this site states none rather than estimating.
Still unsure? Ask me directly.
If your question isn't here, your situation is probably specific. Fifteen minutes on the phone beats reading another page.
(902) 298-0218 · Monday to Friday, 9:00 am to 5:00 pm Atlantic
Something changed and you are not sure if it affects you?
Send your situation — a renewal coming up, an offer in, a purchase from outside the province — and you get back what the change means for your file specifically, with the source, within a business day.