Close X
Sunday, September 29, 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. ready to cancel surgeries as flu cases rise

B.C. ready to cancel surgeries as flu cases rise
The province has yet to reach the point of scrapping operations, said Dix Thursday, as he faced Opposition calls for his resignation. Parents and the Opposition have decried lengthy waits at emergency rooms across B.C. for children suffering serious respiratory symptoms.

B.C. ready to cancel surgeries as flu cases rise

Traffic delays expected near Vancouver International Airport during Black Friday sales event

Traffic delays expected near Vancouver International Airport during Black Friday sales event
Richmond RCMP are recommending those traveling to the Vancouver International Airport give themselves extra time to catch their flights this coming weekend.  Mounties will have additional officers on the roadways around the mall and airport to assist with traffic flow. 

Traffic delays expected near Vancouver International Airport during Black Friday sales event

Surrey RCMP need the public's help in locating missing woman Jasvir Parmar

Surrey RCMP need the public's help in locating missing woman Jasvir Parmar
Jasvir Parmar was last seen on November 21, 2022 in the 6600-block of 133rd Street. Her last contact with family was in the early morning hours on Tuesday.  Since then, efforts to find her have been unsuccessful. Police and family are concerned for Parmar’s well-being.

Surrey RCMP need the public's help in locating missing woman Jasvir Parmar

Sajjan mum on human rights in Qatar visit

Sajjan mum on human rights in Qatar visit
Sajjan attended the World Cup on behalf of the Trudeau government, where the Canadian men's team is competing for the first time in years. He met with U.S. Secretary of State Antony Blinken and local officials.  

Sajjan mum on human rights in Qatar visit

B.C. coroner holds inquest into suicide of officer

B.C. coroner holds inquest into suicide of officer
The statement of claim says B.C.'s police complaints commissioner asked the New Westminster Police Department to investigate the claims and it recommended charges against the officer who was alleged to have extorted Chan.

B.C. coroner holds inquest into suicide of officer

Abbotsford Police seize drugs and guns worth nearly 300K

Abbotsford Police seize drugs and guns worth nearly 300K
On November 10th, search warrants were executed at two residences within Abbotsford and Surrey. 3 men in their twenties were arrested and released.  All three males arrested in this investigation are Abbotsford residents associated with the Lower Mainland Gang Conflict. 

Abbotsford Police seize drugs and guns worth nearly 300K