Close X
Sunday, November 24, 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 arsonist on the loose

Suspect arsonist on the loose
Police in Surrey are looking for a suspected arsonist who set a fire at the front entrance of a building earlier this month. R-C-M-P say officers responded to a report of a fire in front of a building in the 139-hundred block of 100 Avenue on June 5th.

Suspect arsonist on the loose

Shots fired in South Surrey

Shots fired in South Surrey
On Tuesday at approximately 3:08 a.m., Surrey RCMP received a report of shots heard in the 13000-block of Crescent Road. Crescent Road is closed in both directions between 130 Street and 132 Street while the scene is being processed.

Shots fired in South Surrey

School teacher charged with sexual assault

School teacher charged with sexual assault
It is alleged that during his tenure as a teacher at St. Thomas Aquinas Regional Secondary School, Vesco sexually assaulted a student while he was teaching at the school from 2017 to 2019.

School teacher charged with sexual assault

Chilliwack gets Indigenous Justice Centre to help break incarceration cycle, says Eby

Chilliwack gets Indigenous Justice Centre to help break incarceration cycle, says Eby
A statement from Eby's office says Indigenous people comprise about five per cent of B.C.'s population, but account for about 30 per cent of people in provincial jails, and justice centres are a key part of addressing that "over-incarceration."

Chilliwack gets Indigenous Justice Centre to help break incarceration cycle, says Eby

Motorcyclist dead in Nanaimo

Motorcyclist dead in Nanaimo
Officers say the motorcycle was going northbound on Island Highway when a southbound truck tried to make a left turn and hit the motorcycle. The driver of the motorcycle was pronounced dead at a hospital.

Motorcyclist dead in Nanaimo

Delta shooting leaves one injured

Delta shooting leaves one injured
Officers responding to reports of a disturbance at a home yesterday evening discovered that an unknown suspect had fired a gun. Shortly after, a person arrived at a local hospital with a minor gunshot wound.

Delta shooting leaves one injured