Close X
Tuesday, September 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

Surrey Board of Trade's Surrey industry bus tour highlights growing sectors of the city

Surrey Board of Trade's Surrey industry bus tour highlights growing sectors of the city
The sectors that the bus tour highlighted were health, technology, agriculture, brewing, and hospitality. Organizations such as Health Tech Connex, Heppell's Potato Corp, and Legion Veterans Village were on board for the initiative.   

Surrey Board of Trade's Surrey industry bus tour highlights growing sectors of the city

Strike over for 120,000 public servants as union inks tentative deal with feds

Strike over for 120,000 public servants as union inks tentative deal with feds
The tentative agreement announced in the wee hours of Monday morning came after the Treasury Board, which oversees the administration of the federal government, tabled what it described as a "final offer" on Friday. 

Strike over for 120,000 public servants as union inks tentative deal with feds

Hot weekend weather sets record

Hot weekend weather sets record
The warm temperatures come a day after records were broken on Friday in cities like Victoria and Abbotsford. Temperatures Sunday afternoon have fallen below 28 degrees, with rain in the forecast Monday for several interior cities.

Hot weekend weather sets record

Body found in Vancouver blaze

Body found in Vancouver blaze
Vancouver Fire Rescue Services say they responded to a fire Saturday at 9:30 p-m on Dunlevy Avenue, in the back of the Asian Canadian Benevolent Association building. Police say they found the body of a 50-year-old man in the electrical room in the parking lot, where the fire is believed to have started accidentally.

Body found in Vancouver blaze

Flood watches around BC prompt evacuation orders

Flood watches around BC prompt evacuation orders
The Village of Cache Creek, nearly 350 kilometres northeast of Vancouver, has issued an evacuation order for a single property along the Trans Canada Highway due to an “existing or imminent” threat of flooding.

Flood watches around BC prompt evacuation orders

Avian flu at a poultry farm in BC

Avian flu at a poultry farm in BC
The agency says it will now set up additional primary control zones as needed around the infected zone, currently centred around the communities of Yarrow and Barrowtown 90 kilometres east of Vancouver. Since an outbreak began in 2022, H-5-N-1 has forced farms in B-C and across Canada to cull millions of birds when an infection is found.

Avian flu at a poultry farm in BC