Close X
Tuesday, November 5, 2024
ADVT 
India

November Home Sales In Vancouver Up 40 Per Cent From Year Ago, Board Says

Darpan News Desk The Canadian Press, 02 Dec, 2015 02:08 PM
    VANCOUVER — Home sales in the Vancouver area posted their second-highest ever November sales as they climbed 40.1 per cent compared with a year ago.
     
    The Real Estate Board of Greater Vancouver says home sales on the Multiple Listing Service in Metro Vancouver totalled 3,524 last month.
     
    That was up from 2,516 a year ago and down slightly from 3,646 in October.
     
    "November is typically one of the quietest months of the year in our housing market, but not this year," board president Darcy McLeod said.
     
    "The ratio of sales to home’s available for sale reached 44 per cent in November, which is the highest it’s been in our market in nine years."
     
    New listings for detached, attached and apartment properties in Metro Vancouver amounted to 3,392 in November compared with 3,016 in the same month last year.
     
    The strength in the Vancouver market has continued even as the housing market in many areas of the country has cooled with the economy.
     
    The sales for November were 46.2 per cent above the 10-year sales average for the month.
     
    The report Wednesday also said the MLS Home Price Index composite benchmark price for all residential properties in Metro Vancouver reached $752,500, up 17.8 per cent from a year ago.
     
    The benchmark price for a detached home increased 22.6 per cent from a year ago to $1,226,300, while the benchmark apartment price increased 14 per cent to $435,000.
     
    The benchmark price of an attached unit increased 11.3 per cent to $536,600.
     

    MORE India ARTICLES

    Sania Mirza Demands To Be Chief Guest Include Chartered Plane, Expensive Make-up Kit

    If Sania Mirza was not present as the chief guest of Madhya Pradesh government’s annual sports awards, blame it on her make-up kit worth Rs 75,000 and a chartered plane, neither of which was provided to her.

    Sania Mirza Demands To Be Chief Guest Include Chartered Plane, Expensive Make-up Kit

    Rains, Floods Devastate Chennai; Rs.15,000 Crore Loss Estimated

    Rains, Floods Devastate Chennai; Rs.15,000 Crore Loss Estimated
    The financial loss may exceed Rs.15,000 crore, an industry lobby body said, as weather forecasting agencies predicted heavy rain to continue for at least the next two days.

    Rains, Floods Devastate Chennai; Rs.15,000 Crore Loss Estimated

    Centre Should Come Clean On 'Secret' Meet With Sharif: Congress

    Centre Should Come Clean On 'Secret' Meet With Sharif: Congress
    The Congress also wanted to know from the BJP-led National Democratic Alliance government if issues of concern had been raised by him. 

    Centre Should Come Clean On 'Secret' Meet With Sharif: Congress

    Spurned Suitor Held For Raping Girl, Killing Her Cousin In Delhi

    Spurned Suitor Held For Raping Girl, Killing Her Cousin In Delhi
    Raj Kumar, a resident of Bihar, was arrested on Friday from a cement godown in Uttar Pradesh's Kanpur city where he fled after committing the crime and started working.

    Spurned Suitor Held For Raping Girl, Killing Her Cousin In Delhi

    Why Chandigarh's International Airport Remains A Domestic One

    Why Chandigarh's International Airport Remains A Domestic One
    The Chandigarh International Airport project, which was to connect the 'City Beautiful' to destinations like Dubai and other places like Bangkok, has not taken off and the city is unlikely to see any international flight in the near future.

    Why Chandigarh's International Airport Remains A Domestic One

    Delhi Trapped In Smog As World Urged To Act On Climate Change

    Delhi Trapped In Smog As World Urged To Act On Climate Change
    The Central Pollution Control Board (CPCB) defines an AQI between levels 0-50 as "good" quality of air, 51-100 as "satisfactory", 301-400 means "very poor" and 401-500 is "severe".

    Delhi Trapped In Smog As World Urged To Act On Climate Change

    PrevNext