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

Homicide in Maple Ridge

The R-C-M-P are investigating a 58-year-old women's death as a homicide after responding to reports of an injured woman in Maple Ridge over the weekend. Mounties say they responded to the report on Sunday afternoon and located a woman suffering from serious injuries who was later pronounced dead at the scene.

Homicide in Maple Ridge

BC Auditor General retiring in Fall

B-C Auditor General Michael A. Pickup is retiring in November after four years in the role. He made the announcement today and thanked everyone who has supported and worked with him during his time in the province.

BC Auditor General retiring in Fall

Adventure-seeking B.C. couple were victims found on Nova Scotia island: relative

The British Columbia couple whose remains recently washed ashore on Nova Scotia's remote Sable Island have been identified as 70-year-old James Brett Clibbery and his 54-year-old wife, Sarah Packwood. Clibbery’s sister, Lynda Spielman, said Tuesday the RCMP had confirmed their identities.

Adventure-seeking B.C. couple were victims found on Nova Scotia island: relative

Fire numbers fall in B.C. as blaze near Golden destroys homes, spurs evacuation

The Town of Golden confirmed Thursday that the fire burning south of the community had destroyed "several structures," but it did not provide specifics. It said in a social media post that the 1.33-square-kilometre blaze, known as the Dogtooth Forest Service Road fire, had spread north, but rain and a northern wind are expected to help the fire fight.

Fire numbers fall in B.C. as blaze near Golden destroys homes, spurs evacuation

B.C. lets wineries import grapes for 2024 vintages after 'devastating' winter losses

The B.C. government says wineries can import grapes and juice to make their 2024 vintages after "devastating" losses this winter. The province says allowing winemakers to import grapes from outside B.C. is a "temporary measure" to prop-up hundreds of wineries and thousands of jobs after freezing weather wiped out this year's harvest.

B.C. lets wineries import grapes for 2024 vintages after 'devastating' winter losses

90% of B.C. communities adopt province's plans for more small-scale housing

Almost all British Columbia communities have adopted the provincial government's plan to tackle the housing crisis by allowing more multi-unit homes on properties. The province says nearly 90 per cent of 188 local governments have followed the legislation that would allow for row homes, triplexes and townhouses on former single-home lots.