Close X
Thursday, October 3, 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

Flood risk rises near Kelowna as B.C. rain returns

Flood risk rises near Kelowna as B.C. rain returns
Thundershowers and downpours are forecast across the southern Interior and Kootenay regions, but the centre says river level estimates are challenging because the location and intensity of rainfall is hard to predict.    

Flood risk rises near Kelowna as B.C. rain returns

Surrey RCMP need public's help in finding missing 20 year old woman Simranjit Kaur

Surrey RCMP need public's help in finding missing 20 year old woman Simranjit Kaur
Simranjit Kaur is described as, 5’5”, 180 lbs, with long black hair and dark eyes. She was last seen wearing black leggings, a black long sleeved shirt, black Adidas runners and carrying a black purse. Police and family are concerned for her health and well-being.

Surrey RCMP need public's help in finding missing 20 year old woman Simranjit Kaur

Mechanical issues slow BC Ferries service

Mechanical issues slow BC Ferries service
A travel advisory posted on BC Ferries' website says a total of eight sailings out of either Departure or Horseshoe Bay are cancelled Thursday, but other sailings from both terminals will continue.

Mechanical issues slow BC Ferries service

Vancouver Police are investigating report of a man throwing a glass bottle at a baby in a stroller

Vancouver Police are investigating report of a man throwing a glass bottle at a baby in a stroller
Police received a report of a man throwing a glass bottle at the baby on June 27 around 4:30 p.m., at the intersection of Davie and Bidwell. The caller indicated the bottle didn’t hit the baby, but the contents were splashed on both the baby and the adults who were with him.

Vancouver Police are investigating report of a man throwing a glass bottle at a baby in a stroller

IHIT called to Port Coquitlam shooting

IHIT called to Port Coquitlam shooting
One person is confirmed deceased. Shooting appears to be targeted.

IHIT called to Port Coquitlam shooting

Omicron cousin BA.5 expected to dominate summer

Omicron cousin BA.5 expected to dominate summer
Modelling expert Sarah Otto of the Coronavirus Variants Rapid Response Network says the fast-spreading subvariant is on track to dominate infections across the country.  The University of British Columbia professor predicted a July wave, peaking in August.

Omicron cousin BA.5 expected to dominate summer