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AirDNA Data: CA Nova Scotia Halifax Regional Municipality

How is Halifax Regional Municipality performing?

61

Good
Market Score

65

Rental Demand

50

Revenue Growth

25

Seasonality

29

Regulation

Annual Revenue

$12.8K

+3%

past year

Occupancy Rate

59%

+4%

past year

Average Daily Rate

$147.3

+3%

past year

Revenue per Available Rental (RevPAR)

$85.4

+6%

past year

Halifax Regional Municipality Performance Details

Total available listings

3,137

+3%

past year

Listings by rental channel

Channel

Airbnb (78%)

Vrbo (6%)

Both (16%)

Listings by rental size

Bedrooms

1 Bedroom (56%)

2 Bedroom (23%)

3 Bedroom (13%)

4 Bedroom (5%)

5+ Bedroom (2%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (39%)

91-180 nights (30%)

181-270 nights (17%)

271-365 nights (14%)

Listings by rental type

Type

Entire Home (79%)

Private Room (21%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (19.5%)

Moderate (62.8%)

Strict (17.3%)

Super Strict (0.5%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (28.9%)

3 Nights (11.9%)

4-6 Nights (5.8%)

7-29 Nights (13.6%)

30+ Nights (39.8%)

What amenities do listings have?

Internet

98%

Wireless Internet

98%

Heating

91%

Kitchen

84%

Parking

81%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
365x
51-0.5%1321
4.46
Corporate Stays
450.6%38
4.26
M. Hooper Vacation Rentals
200.2%944
4.69
The Novel Stay
92.0%405
4.55
Lease Better Property Management
40.3%415
4.73

Occupancy

Occupancy Rate

59%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,276,061

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$59

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$59

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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