Darpan News Desk The Canadian Press, 16 Aug, 2023 10:35 AM
The annual pace of housing starts in July fell 10 per cent from June when they posted their strongest showing of the year.
Canada Mortgage and Housing Corporation reports the annual pace of urban starts was down 11 per cent, the rate of multi-unit urban starts fell 12 per cent and the pace of single-detached urban starts dropped four per cent.
C-M-H-C says housing starts fell 23 per cent in Vancouver but rose 33 per cent in Calgary.
Dennis Chimich, an expert in the biomechanics of bone fractures, testified for Doug McCallum's defence team, which is presenting evidence to suggest their client was not lying when he told police a woman ran over his foot in a grocery store parking lot.
Prices continued to soften, with month-over-month Benchmark prices down slightly across all property categories. For detached homes, prices are on par with October 2021 levels, while townhomes and apartments are up 7.7 per cent and 11.5 per cent, respectively, over 2021.
The 31-year-old mental health and homeless outreach officer was stabbed to death two weeks ago while she and a City of Burnaby employee attempted to issue an eviction notice to a man who had been living in a tent at a local park. Jongwon Ham is accused of first-degree murder in Yang's death and is expected to return to a Vancouver court again today for remand.
The injured teen suffered burns to her arm and shoulder when her jacket was set ablaze, the two officers received minor injuries and firefighters had to douse several bush and dumpster fires.
Last month sales totalled 1,903 and were 33.3 per cent below the 10-year October sales average. The board attributed the slowdown's continuation to inflation and rising interest rates, which have led many buyers and sellers to reassess purchasing or listing a home.
Rain is predicted to be even heavier on the west coast of Vancouver Island, where about 80 mm could fall in less than 36 hours and models show some Metro Vancouver communities may receive 60 mm or more.