Close X
Friday, November 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

Lululemon promises 2,600 new jobs after exemption from some immigration rules

Lululemon promises 2,600 new jobs after exemption from some immigration rules
The announcement comes months after the federal government granted the company the ability to hire foreign workers for certain highly skilled positions, including management jobs, software engineers and computer technicians, without needing to apply for a labour market impact assessment.

Lululemon promises 2,600 new jobs after exemption from some immigration rules

Vancouver traffic affected as Shaw sign getting replaced

Vancouver traffic affected as Shaw sign getting replaced
The city says the 200 block of Thurlow Street and the one-thousand block of West Waterfront Road will be closed from 7 a-m until noon for work to replace Shaw signs on the tower with Rogers ones.  

Vancouver traffic affected as Shaw sign getting replaced

Eby close to calling byelections in ridings once held by former premier, minister

Eby close to calling byelections in ridings once held by former premier, minister
Eby says he will announce the dates for byelections in Greater Victoria's Langford-Juan de Fuca riding and Vancouver's Downtown Eastside Vancouver-Mount Pleasant constituency "very shortly."  

Eby close to calling byelections in ridings once held by former premier, minister

Innovative program helps B.C. patients with overdose-related brain injuries

Innovative program helps B.C. patients with overdose-related brain injuries
Addictions Minister Jennifer Whiteside says her ministry has earmarked $1.2 million toward the Cognitive Assessment and Rehabilitation for Substance Use program, which is offered by Vancouver Coastal Health through a multidisciplinary team at Richmond Hospital.

Innovative program helps B.C. patients with overdose-related brain injuries

Aldergrove man charged with manufacturing firearms and drug possession 

Aldergrove man charged with manufacturing firearms and drug possession 
Police say he was arrested on Tuesday but has been released on court-imposed conditions until his next appearance. Investigators from the Combined Forces Special Enforcement Unit - British Columbia say their investigation began in November 2020. 

Aldergrove man charged with manufacturing firearms and drug possession 

Home set on fire in Richmond

Home set on fire in Richmond
They released surveillance footage of a man pouring flammable liquid on the front door of a home before setting it on fire around 3 A-M on March 27th. Police say a 23-year-old resident of the home was able to extinguish the fire, leaving the home with what they say was relatively minor damage.

Home set on fire in Richmond