National

Metro Vancouver home sales hit record in 2021

Darpan News Desk The Canadian Press, 05 Jan, 2022 10:43 AM

The Real Estate Board of Greater Vancouver says home sales in Metro Vancouver hit an all-time record last year.

The board says sales in 2021 rose 42.2 per cent to 43,999 compared with 30,944 in 2020.

The previous record was 42,326 set in 2015.

Metro Vancouver home sales reached an all-time high in 2021 as housing needs remained a top priority for residents in the second year of the COVID-19 pandemic https://t.co/1UVKYMr5Cy #REBGV #vanre #vancouverrealestate
— REBGV (@REBGV) January 5, 2022

The record year came as home sales in the region in December totalled 2,688, down from 3,093 sales recorded in December 2020 and 3,428 homes sold in November 2021.

The benchmark price for all residential properties increased 17.3 per cent from the prior year to $1.23 million.

Sales of detached homes in December 2021 totalled 794, down from 1,026 sales in December 2020, attached home sales fell to 430 compared with 593 a year earlier and apartment home sales dipped to 1,464 in December, from 1,474 a year earlier.

Prev Next

MORE National ARTICLES

Prepare now for sick employees: B.C.'s top doctor

She urged businesses that require employees to come into a workplace to use multiple protocols including staggering shifts and break times, using Plexiglas barriers and limiting the number of customers entering the premises.

Prepare now for sick employees: B.C.'s top doctor

2,542 COVID19 cases for Tuesday

There are 27,106 active cases of COVID-19 in the province, and 236,309 people who tested positive have recovered. Of the active cases, 298 individuals are in hospital and 86 are in intensive care. The remaining people are recovering at home in self-isolation.

2,542 COVID19 cases for Tuesday

Hospitals feeling strain of COVID-19 surge

Ontario health officials said the province would delay all surgeries deemed non-urgent starting Wednesday as the province grapples with the dual pressures of rising admissions and increased staff absences.

Hospitals feeling strain of COVID-19 surge

Minister asks for investigation into party flight

Videos of the Dec. 30 flight shared on social media appear to show passengers not wearing masks as they gather in close proximity, singing and dancing in the aisle and on seats. In one video, a large bottle of vodka appears to be passed among passengers, and later a woman appears to be smoking an electronic cigarette on the plane.

Minister asks for investigation into party flight

New paid sick day policy comes into effect in B.C.

Workers in British Columbia are now eligible for five paid sick days as the provincial government brings in changes to the policy affecting workers. The government says eligible employees will be guaranteed those sick days, provided they've worked for their employer for at least 90 days.

New paid sick day policy comes into effect in B.C.

Hackers target PS752 victims' families in presser

Hackers targeted a Tuesday virtual news conference held by lawyers and family members of victims of the Iranian military's downing of a passenger jet two years ago. The family members, along with their legal team, had begun a video media availability to discuss a court decision that awarded them millions.