Close X
    Sunday, November 17, 2024
    ADVT 
    National

    Jump in home sales in Vancouver

    Darpan News Desk The Canadian Press, 04 Nov, 2024 02:52 PM
    • Jump in home sales in Vancouver

    Home sales in Greater Vancouver jumped nearly 32 per cent last month compared with October 2023 as interest rate reductions boosted demand.

    A statement from Greater Vancouver Realtors says more than 26-hundred homes changed hands, although that's still about 5.5 per cent below the 10-year average.

    Andrew Lis, the realtors' director of economics, says four consecutive rate cuts from the Bank of Canada have renewed strength in demand.

    The composite benchmark price for all residential properties sold was just over 1.17 million dollars, representing a decrease of just under two per cent from the same month last year.

    Prev Next

    MORE National ARTICLES

    Quebec premier says pro-Palestinian encampment at McGill 'has to be dismantled'

    Quebec premier says pro-Palestinian encampment at McGill 'has to be dismantled'
    Quebec Premier François Legault on Thursday called for the end to the pro-Palestinian protest encampment on the lower field of McGill University's downtown campus in Montreal, saying he expected police to dismantle the tents.

    Quebec premier says pro-Palestinian encampment at McGill 'has to be dismantled'

    Saskatchewan's Boundary dam carbon capture project underperforms, report says

    Saskatchewan's Boundary dam carbon capture project underperforms, report says
    A signature carbon capture and storage project in Saskatchewan continues to miss emissions reduction goals, raising questions about the cost-effectiveness of the technology, says a report.

    Saskatchewan's Boundary dam carbon capture project underperforms, report says

    Alberta, Saskatchewan sign agreement to share, swap information on nuclear energy

    Alberta, Saskatchewan sign agreement to share, swap information on nuclear energy
    Saskatchewan and Alberta have agreed to share and swap information about nuclear power generation.

    Alberta, Saskatchewan sign agreement to share, swap information on nuclear energy

    Early morning crash in Victoria sends one to hospital

    Early morning crash in Victoria sends one to hospital
    Police in Victoria say speed was likely a factor in an early-morning crash Wednesday that sent one person to hospital with serious injuries. Victoria police say officers patrolling downtown area came across a crash where a vehicle hit a venting pipe and utility control box, causing considerable damage to the vehicle and road.

    Early morning crash in Victoria sends one to hospital

    London Drugs phone lines working, stores still closed after cybersecurity incident

    London Drugs phone lines working, stores still closed after cybersecurity incident
    London Drugs says its phone lines are working again after being taken offline in response to a cybersecurity incident. A statement from the Richmond, B.C.-based pharmacy and retail chain says Canada Post offices inside London Drugs stores are also up and running again.

    London Drugs phone lines working, stores still closed after cybersecurity incident

    Macklem says he doesn't think federal budget will have much of an impact on inflation

    Macklem says he doesn't think federal budget will have much of an impact on inflation
    Bank of Canada governor Tiff Macklem said he doesn't think the federal budget tabled last month will have much of an effect on inflation. Macklem was testifying at a Senate committee alongside senior deputy governor Carolyn Rogers on Wednesday following the central bank's latest interest rate announcement.

    Macklem says he doesn't think federal budget will have much of an impact on inflation

    PrevNext