Close X
Thursday, November 28, 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. creates anti-racism data committee, releases research priorities

B.C. creates anti-racism data committee, releases research priorities
The British Columbia government has released 12 priorities for anti-racism research in its first update since the Anti-Racism Data Act came into effect last June. The province says the focus will be in areas such as racial diversity within the public service, interactions with the justice system and how health care and education differs for various demographic groups.  

B.C. creates anti-racism data committee, releases research priorities

New Democrat MP says she is target of foreign interference by China

New Democrat MP says she is target of foreign interference by China
Kwan said the Canadian Security Intelligence Service spent an hour with her on Friday laying out the intelligence it possesses that she has been targeted by China since before the 2019 federal election over her advocacy for human rights in Hong Kong and for the Uyghur Muslim minority in China.

New Democrat MP says she is target of foreign interference by China

15 year old charged for Surrey robberies

15 year old charged for Surrey robberies
R-C-M-P in Surrey have charged a 15-year-old with a handful of street robberies. Police say they responded to three separate robbery reports on April 24th where bear spray was used to help the suspect steal cellphones and headphones.  

15 year old charged for Surrey robberies

B.C. police say remains of Madison Scott, last seen in 2011, have been found

B.C. police say remains of Madison Scott, last seen in 2011, have been found
Police have said she was 20 years old when she was last seen early in the morning of May 28, 2011. She had been at a party celebrating a friend's birthday at Hogsback Lake outside Vanderhoof, in central B.C. 

B.C. police say remains of Madison Scott, last seen in 2011, have been found

Province's minimum wage going up on June 1

Province's minimum wage going up on June 1
B-C's minimum wage will jump by one-dollar-and-10-cents per hour before the end of this week. The boost to the general minimum wage will increase it to 16-dollars-and-75-cents per hour on June 1st -- up from the current rate of 15-dollars-and-65-cents.

Province's minimum wage going up on June 1

Man pleads guilty to murder, assault in B.C. library stabbing spree

Man pleads guilty to murder, assault in B.C. library stabbing spree
Yannick Bandaogo pleaded guilty in a New Westminster, B.C., court to second-degree murder, several charges of attempted murder and one count of aggravated assault. Bandaogo was arrested shortly after the attack in March 2021 near the library where a woman was killed and six other people were hurt. 

Man pleads guilty to murder, assault in B.C. library stabbing spree