National

Slow housing market: REBGV

Darpan News Desk The Canadian Press, 05 Sep, 2023 01:45 PM

Vancouver's housing market is on track to see slowing sales and price stabilization.

The Real Estate Board of Greater Vancouver says that's because of higher borrowing costs combined with seasonal patterns.

The board's outlook is being informed by August sales of about 22-hundred units -- 13.8 per cent below the 10-year seasonal average.

It comes as a new report from Re/Max Canada predicts the country's real estate market will be softer this fall, with average home prices expected to remain flat

Prev Next

MORE National ARTICLES

Expect busy long weekend: BC Ferries

More than 580-thousand passengers and 210-thousand vehicles are expected to travel with BC Ferries between today and Tuesday. BC Ferries says it has pulled out all the stops to ensure smoother sailing this weekend.

Expect busy long weekend: BC Ferries

Uber driver killed in Vancouver crash identified as Dilpreet Singh

A 26-year-old Uber driver who had been killed on Monday in an early morning collision in Vancouver involving three vehicles has been identified as Dilpreet Singh. A statement from Vancouver police says a red Cadillac carrying a 17-year-old driver and three teenage passengers slammed into a taxi just before 2 a.m. on Monday at Main Street and 12th Avenue and the taxi then broadsided the Uber vehicle.

Uber driver killed in Vancouver crash identified as Dilpreet Singh

SFU's athletics director leaves university months after football controversy

The departure of Theresa Hanson, the university's director of athletics and recreation, comes four months after controversy erupted over the school's elimination of its varsity football program followed by the hiring of a lawyer to investigate claims made by one of its sports teams.

SFU's athletics director leaves university months after football controversy

Union vote begins on B.C. port deal that could end months-long dispute

A union vote among British Columbia port workers is underway to determine the fate of a deal with employers that could bring their long-running industrial dispute to an end. The International Longshore and Warehouse Union Canada is holding its vote from 6 a.m. to 6 p.m. today and tomorrow to decide whether to ratify the agreement recommended by negotiators.

Union vote begins on B.C. port deal that could end months-long dispute

Surrey RCMP needing Tesla Driver's help who passed by a collision scene

R-C-M-P in Surrey are looking for the driver of a Tesla who drove by the scene of a fatal collision this weekend. A pedestrian was hit Saturday in the 82-hundred-block of 128th Street and later died in hospital from his injuries.

Surrey RCMP needing Tesla Driver's help who passed by a collision scene

Busy roads expected for long weekend

Drivers are being warned to expected increased congestion on the roads starting this evening, ahead of the B-C Day long weekend. People travelling along Highway 1 are encouraged to plan ahead and avoid peak travel times.