Close X
Sunday, November 24, 2024
ADVT 
National

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. 

MORE National ARTICLES

B.C. school district bans man who queried gender of girl, 9, at track meet

B.C. school district bans man who queried gender of girl, 9, at track meet
Kevin Kaardal, the superintendent of Central Okanagan Public Schools in Kelowna, B.C., says in a statement that staff at the regional track and field meet last week intervened and eventually moved the girl's event across the field.

B.C. school district bans man who queried gender of girl, 9, at track meet

Speeding car flees a traffic stop

Speeding car flees a traffic stop
West Shore R-C-M-P say on June 10, officers in Metchosin near Victoria stopped two cars, including one travelling at almost double the speed limit. The over-speeding car initially pulled over but then fled from the scene, striking an officer in the leg and resulting in minor injuries from which the officer is expected to recover.

Speeding car flees a traffic stop

Ban on open fires

Ban on open fires
The Surrey Fire Service says incidents of reported brush and grass fires have trended higher in recent years, with last year seeing more than 525 incidents between May and November.

Ban on open fires

3 arrested for catalytic converter theft: Delta Police

3 arrested for catalytic converter theft: Delta Police
Delta Police say they have arrested three suspects who stole multiple catalytic converters from vehicles in the city. Police say officers made the arrest on June 8 after observing the suspects stealing a catalytic converter.

3 arrested for catalytic converter theft: Delta Police

Two youth arrested in Skytrain stabbing

Two youth arrested in Skytrain stabbing
New Westminster Police and Metro Vancouver Transit Police say two youth, ages 16 and 17, have been charged with aggravated assault, assault with a weapon and robbery.

Two youth arrested in Skytrain stabbing

Burnaby collision at construction site leaves 1 hurt

Burnaby collision at construction site leaves 1 hurt
Witnesses indicated a white Toyota Tacoma had crashed into a concrete block, which caused the block to strike another vehicle legally parked at the location. The pick-up truck then reversed and collided with a wooden pallet holding construction materials.

Burnaby collision at construction site leaves 1 hurt