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Home sales strong in May

Darpan News Desk The Canadian Press, 14 Jun, 2023 02:13 PM
  • Home sales strong in May

The B-C Real Estate Association says home sales across the province last month were "surprisingly strong."

Association chief economist Brendon Ogmundson says, despite rising interest rates over the last year, home sales have "staged an early recovery" to return to a normal pace more quickly than expected.

A statement from the association says nearly 92-hundred sales were recorded around B-C in May -- up nearly 10 per cent year-over-year -- while the average price climbed three per cent during the same period, to just over one-million dollars.

The statement says it's the first time since April of last year that the average home price in B-C has topped the million-dollar mark. 

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Man shot, killed by police in Prince George, B.C.

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Homes under construction in Burnaby, Coquitlam, and West Vancouver targeted by theft home finishings and fixtures stolen.

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Homes under construction in Burnaby, Coquitlam, and West Vancouver targeted by theft home finishings and fixtures stolen.

Discrimination found at human rights body: union

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It said the Treasury Board Secretariat found the commission breached the "no discrimination" clause in its collective agreement, and has invited parties to engage in a mediation process to seek a meaningful resolution.  The union is calling the March 6 decision an important win, and one that will have consequences across the federal public service.

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Councillor '100%' in support of interference probe

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 The report says consulate officials worked to oust then-mayor Kennedy Stewart and elect a new mayor and a certain city councillor. Ongoing concerns about possible foreign interference in the 2019 and 2021 federal elections spurred Prime Minister Justin Trudeau to name former governor general David Johnston to investigate.

Councillor '100%' in support of interference probe

Killer says Amanda Zhao may be alive, enraging mom

Killer says Amanda Zhao may be alive, enraging mom
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Canada to hold special ceremony for coronation

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