National

Home sales fell in Vancouver in August

Darpan News Desk The Canadian Press, 04 Sep, 2024 04:09 PM

Home sales in Greater Vancouver fell 17.1 per cent in August from the same period last year, according to the latest statistics.

Greater Vancouver Realtors says there were a total of 19-hundred-and-four homes sold in the region last month, down from almost 23-hundred last year.

The sales number was also more than a quarter below the 10-year seasonal average for the Greater Vancouver market.

Greater Vancouver Realtors' data analytics director Andrew Lis says the numbers indicate buyers may still be hampered by higher borrowing costs despite the Bank of Canada cutting its key interest rate.

Prev Next

MORE National ARTICLES

Statistics Canada reports wholesale sales down 0.6% in June

Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.6 per cent to $82.4 billion in June. The agency says sales fell in five of the seven subsectors.

Statistics Canada reports wholesale sales down 0.6% in June

Ex Conservative MP, cabinet minister Chuck Strahl dies

Former Conservative MP and cabinet minister Chuck Strahl has died at the age of 67. Strahl was first elected in 1993 and represented the B.C. riding of Chilliwack–Fraser Canyon until his retirement in 2011.

Ex Conservative MP, cabinet minister Chuck Strahl dies

Former B.C. Liberal leadership candidate runs for Rustad's Conservatives in Kelowna

A former leadership rival to BC United Leader Kevin Falcon is joining John Rustad's British Columbia Conservatives to run in Kelowna in the fall election. Gavin Dew was a candidate in the B.C. Liberal leadership race in 2022 that Falcon won, but he is now running in the Kelowna-Mission riding under the B.C. Conservatives banner.

Former B.C. Liberal leadership candidate runs for Rustad's Conservatives in Kelowna

Both vessels made mistakes in Vancouver harbour before capsize, TSB report says

The Transportation Safety Board says mistakes by both the operators of a cargo ship and a pleasure craft resulted in the smaller boat being overturned in Vancouver’s harbour. A report from the board released Wednesday says the pleasure craft had been rented from Granville Island Boat Rentals on Oct. 15, 2022, for a tour when three people and their two dogs were thrown into the water by the larger ship's bow wave.

Both vessels made mistakes in Vancouver harbour before capsize, TSB report says

B.C. adds $2.65B for Fraser Valley Highway 1 improvement initiative

The British Columbia government is providing $2.65 billion for upgrades to Highway 1 through the Fraser Valley in an effort to relieve traffic congestion and ease daily commutes between the communities of Langley and Abbotsford. The funding will go toward upgrades between Mount Lehman Road west of downtown Abbotsford to Highway 11 on the opposite side of the city.

B.C. adds $2.65B for Fraser Valley Highway 1 improvement initiative

B.C. report explores inequalities in justice, health, child-welfare systems

Kasari Govender's office released its latest report Wednesday, spotlighting human rights issues people face when they come into contact with 10 provincial systems, especially Indigenous people, women and other marginalized groups.