Close X
Sunday, November 10, 2024
ADVT 
National

Home sales fell in Vancouver in August

Darpan News Desk The Canadian Press, 04 Sep, 2024 04:09 PM
  • Home sales fell in Vancouver in August

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.

MORE National ARTICLES

Canada imposes sanctions on anniversary of fraudulent 2020 Belarus election

Canada imposes sanctions on anniversary of fraudulent 2020 Belarus election
The sanctions are in response to what Joly describes as ongoing and systematic human rights abuses in Belarus, and support for Russia's illegal war of aggression against Ukraine.  Belarus' authoritarian President Alexander Lukashenko marked 30 years in power in that country last month. 

Canada imposes sanctions on anniversary of fraudulent 2020 Belarus election

'Extra hoops': Parks Canada's lease system, building rules could delay Jasper rebuild

'Extra hoops': Parks Canada's lease system, building rules could delay Jasper rebuild
Residents of Jasper, Alta., who lost their homes in last month’s wildfire face unique rebuilding challenges tied to leasing provisions nearly as old as Canada, followed modern rules dictating what they can and can’t construct. Lawyer Jessica Reed said property owners in the townsite in Jasper National Park own their buildings but, unlike other municipalities, don’t own the land they sit on.

'Extra hoops': Parks Canada's lease system, building rules could delay Jasper rebuild

Heavy rain hits Eastern Canada as remnants of tropical storm Debby move in

Heavy rain hits Eastern Canada as remnants of tropical storm Debby move in
Remnants of tropical storm Debby were expected to bring up to 120 millimetres of rain to parts of Eastern Canada as they merge with another low pressure system over the Great Lakes. The storm system has started passing through southern Ontario and Quebec today, prompting Environment Canada to issue alerts and warnings for communities between Cornwall, Ont., and Quebec City about the risk of flash flooding.

Heavy rain hits Eastern Canada as remnants of tropical storm Debby move in

Calgary mayor says city considering replacing water pipe that ruptured

Calgary mayor says city considering replacing water pipe that ruptured
Calgary's mayor says the city is considering ways to strengthen a key water main for the long term, including replacing it altogether. Jyoti Gondek says in the spring the city could add a liner or a sleeve to the pipe to strengthen it, or dig alongside it and built an entirely new one.

Calgary mayor says city considering replacing water pipe that ruptured

Students, recent immigrants hit hard by weakening job market, StatCan data suggests

Students, recent immigrants hit hard by weakening job market, StatCan data suggests
Students who have been hunting for a summer job and recent immigrants looking for work have felt the brunt of the country's weakening labour market, Statistics Canada's latest employment report shows. The federal agency’s July labour force survey released on Friday says the overall jobless rate held steady at 6.4 per cent last month as the economy shed a modest 2,800 jobs.

Students, recent immigrants hit hard by weakening job market, StatCan data suggests

Woman from United States dead after highway crash in southeastern B.C.

Woman from United States dead after highway crash in southeastern B.C.
Police in southeastern British Columbia say one person is dead after a highway crash just outside the community of Field, B.C., near the Alberta boundary. RCMP say the two-vehicle crash on Thursday involved a pick-up truck carrying two people from the United States and a minivan with three people from Alberta. 

Woman from United States dead after highway crash in southeastern B.C.