Close X
Monday, September 30, 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

Suspect arrested and charged following assault of teenager in Westminster Pier Park

Suspect arrested and charged following assault of teenager in Westminster Pier Park
The injuries sustained by the teenager required hospital treatment. Following a thorough investigation, police identified and arrested the suspect. 30-year-old Devin Monteleone of Burnaby, BC, has been charged with the assault causing bodily harm. 

Suspect arrested and charged following assault of teenager in Westminster Pier Park

Recall against B.C. politician Harwinder Sandhu fails: Elections BC

Recall against B.C. politician Harwinder Sandhu fails: Elections BC
The British Columbia recall petition launched against Harwinder Sandhu, the member of the legislature for Vernon-Monashee, was a failure. Elections BC says in a statement the recall petition was not submitted by the Oct. 11 deadline under the Recall and Initiative Act.

Recall against B.C. politician Harwinder Sandhu fails: Elections BC

Aritzia earnings rise on online, in-person sales

Aritzia earnings rise on online, in-person sales
Retail experts have said Aritzia has successfully developed a faithful customer base in recent years, and that momentum is expected to continue. They said Aritzia is somewhere between luxury and fast-fashion, selling to middle-class and upper-middle-class consumers. Liza Amlani of Retail Strategy Group said the brand is seen as “aspirational” to many shoppers.

Aritzia earnings rise on online, in-person sales

Smith's comments on unvaccinated laughable: Horgan

Smith's comments on unvaccinated laughable: Horgan
Horgan, who will step down as B.C. premier later this year, made the comment in an interview with C-FAX Radio in Victoria. Danielle Smith was sworn in yesterday as Alberta's new premier after the United Conservative Party elected her in a leadership race to replace Jason Kenney as leader and premier.

Smith's comments on unvaccinated laughable: Horgan

Deaths of B.C. homeless people up by 75% in 2021

Deaths of B.C. homeless people up by 75% in 2021
A preliminary report released by the service shows there were 247 deaths of people experiencing homelessness last year. Chief coroner Lisa Lapointe says many homeless people are facing significant health concerns, including physical disabilities, mental-health challenges and substance-use issues.

Deaths of B.C. homeless people up by 75% in 2021

A male suspect assaulted a taxi driver with a beer bottle, Coquitlam RCMP need public's help in identifying the suspect

A male suspect assaulted a taxi driver with a beer bottle, Coquitlam RCMP need public's help in identifying the suspect
Coquitlam Front-line officers attended the area of Sunnyside Road and East Road in Anmore after a male suspect assaulted a taxi driver with a beer bottle. The male suspect hit the glass partition inside the taxi causing the glass to shattered.  

A male suspect assaulted a taxi driver with a beer bottle, Coquitlam RCMP need public's help in identifying the suspect