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Tuesday, November 19, 2024
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Here are some facts about British Columbia's housing market

Darpan News Desk The Canadian Press, 17 Oct, 2024 10:10 AM
  • Here are some facts about British Columbia's housing market

Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.

Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation's 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association's August 2024 report.

Average residential home price in B.C.: $938,500

Average price in greater Vancouver (2024 year to date): $1,304,438

Average price in greater Victoria (2024 year to date): $979,103

Average price in the Okanagan (2024 year to date): $748,015

Average two-bedroom purpose-built rental in Vancouver: $2,181

Average two-bedroom purpose-built rental in Victoria: $1,839

Average two-bedroom purpose-built rental in Canada: $1,359

Rental vacancy rate in Vancouver: 0.9 per cent

How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent

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Surrey RCMP need the public's assistance in locating missing man Kamleshbhai Manek

Surrey RCMP need the public's assistance in locating missing man Kamleshbhai Manek
Kamleshbhai Manek was last seen on August 28, 2022 at 9:30 a.m., near the 13300 block of Old Yale Road in Surrey. Police are concerned for Kamleshbhai’s wellbeing as he has not made contact with his usual family/friends/ associates. Kamleshbhai is described as a 65-year-old South Asian male, 5’8”, 254 lbs with black hair and brown eyes.

Surrey RCMP need the public's assistance in locating missing man Kamleshbhai Manek

Beware of scam targeting seniors that dupes them of thousands of dollars: North Van RCMP

Beware of scam targeting seniors that dupes them of thousands of dollars: North Van RCMP
The suspect claimed that the woman’s grand daughter was arrested by police and needed $9000 to be released on bail. The fraudster then came to the victims’ home and picked up the money. In this incident, the suspect is described as a Caucasian woman between the ages of 20-30, 5’10 tall, long brown hair, slim build, wearing gold hoop earrings, a white top, tattoos on her left forearm, and having an accent.

Beware of scam targeting seniors that dupes them of thousands of dollars: North Van RCMP

King's accession ceremony Saturday at Rideau Hall

King's accession ceremony Saturday at Rideau Hall
The Heritage Department says the national ceremony will start with a memorial parade composed of Canadian Armed Forces members and RCMP officers along with a 96-gun salute — one for each year of her life — and a CF-18 flypast.

King's accession ceremony Saturday at Rideau Hall

Some diaspora members call for break with Crown

Some diaspora members call for break with Crown
Parmod Chhabra, the president of the India Canada Association, says he respected the Queen but blames the British Empire for many deaths in India when it ruled that country. Monir Hossain, the president of national Bangladeshi-Canadian Council, says the Queen made a "tremendous" contribution to the modern world but he criticizes the British Empire for colonizing Bangladesh.

Some diaspora members call for break with Crown

Canada's commemorations await details from U.K.

Canada's commemorations await details from U.K.
Canadian Heritage says it will hold a ceremony involving a televised church service, a memorial parade and a 96-gun salute and military flypast to honour and remember Canada's longest-serving head of state. Government officials say it will be the same day as the Queen's state funeral, and they are waiting for an announcement from Britain.

Canada's commemorations await details from U.K.

Stellar sea lion pup born at Vancouver Aquarium

Stellar sea lion pup born at Vancouver Aquarium
A statement from the aquarium says the birth occurred recently and the male pup, named Natoa, and his first-time mom, Rogue, are doing well. Mom and pup are currently in a private area of the aquarium but the statement says they will be moved to the Seal Cove exhibit for public viewing.

Stellar sea lion pup born at Vancouver Aquarium