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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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Snowfall warnings, storm watches for southern B.C.

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Winter storm watches have been issued for parts of Fraser Canyon, Fraser Valley, Nicola region, the Okanagan Valley, Similkameen and South Thompson areas. The weather office says the storm is expected to bring up to 20 centimetres of snow.

Snowfall warnings, storm watches for southern B.C.

B.C. drops plan to scrap individual autism funding

B.C. drops plan to scrap individual autism funding
The announcement comes after Premier David Eby and Mitzi Dean, minister of children and family development, met with members of the group AutismBC and other stakeholders, including the First Nations Leadership Council and B.C.’s representative for children and youth.

B.C. drops plan to scrap individual autism funding

Ottawa to extend EI sickness benefits

Ottawa to extend EI sickness benefits
Workers applying for EI will be eligible for the more-generous benefits starting on Dec. 18, with advocates praising the move but urging the government to make good on its promise for a much bigger overhaul of the system. Qualtrough made the announcement while visiting the Canadian Cancer Society's regional care centre in Vancouver.

Ottawa to extend EI sickness benefits

Kids' pain meds hitting pharmacy shelves: Duclos

Kids' pain meds hitting pharmacy shelves: Duclos
Dr. Theresa Tam, Canada's chief public health officer, said that COVID-19, RSV and influenza are continuing to co-circulate at high levels. While RSV activity seems to have levelled off, Tam said she expects it to remain elevated for weeks to come.

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B.C.'s surplus $5 billion over estimate

B.C.'s surplus $5 billion over estimate
Finance Minister Selina Robinson says much of the added surplus comes from higher personal and corporate income taxes, while sales taxes and natural gas royalties were also higher. Robinson says $2 billion of the added revenue has already been earmarked for cost-of-living measures announced since the summer.

B.C.'s surplus $5 billion over estimate

3 missing after float plane crashes into B.C. bay

3 missing after float plane crashes into B.C. bay
Cpl. Alex Berube says in a statement they have learned that the plane was transporting two passengers out of a logging camp back to Port Hardy. Coast guard helicopters and boats were sent to the search area but no survivors have been found.

3 missing after float plane crashes into B.C. bay