National

Strong home sales continue for Vancouver

Darpan News Desk The Canadian Press, 05 Jul, 2023 12:34 PM

The Real Estate Board of Greater Vancouver says strong demand for the few homes listed for sale last month helped boost the benchmark price for all residential properties in the region to just over 1.2-million dollars.

The board says that's up 1.3 per cent in a single month -- although it's still more than two per cent below the benchmark price set one year ago.

Overall, the board says the housing market "continues to outperform expectations," -- with the apartment or condo market eclipsing slightly slower sales in the townhouse and detached home sectors.

The board also notes that sales continue to outstrip listings -- hiking the competition for available properties and potentially pushing prices even higher

Prev Next

MORE National ARTICLES

18 year old assaulted with a baseball bat

Witnesses told police, the suspect was seen approaching the victim wearing a mask and carrying a baseball bat. The suspect then allegedly hit the victim with the bat and kicked him before fleeing on foot with a group of 4-5 youths. Bystanders provided first aid to the 18-year man until such time that emergency first responders arrived on scene.

18 year old assaulted with a baseball bat

B.C. launches $20M flood mitigation fund for the Fraser Valley

A statement from the Agriculture Ministry says the funding will be used for community-scale projects that protect and restore local ecosystems and wetlands, such as culvert improvements, embankment stabilization and crop diversification.

B.C. launches $20M flood mitigation fund for the Fraser Valley

Search for missing submersible near Titanic wreck site a race against time

The search, in an area about 700 kilometres south of St. John’s, N.L., is in a race against time because the 6.4-metre vessel had a 96-hour oxygen supply when it submerged on Sunday morning, according to an adviser for owner OceanGate Expeditions.

Search for missing submersible near Titanic wreck site a race against time

4 fined $17K for fisheries violations

A Victoria provincial court judge found the violations happened off Galiano Island in May of last year when officers checked a nearly seven-metre vessel, discovering a cache of hidden rock fish -- including three Yelloweye rock fish, which are illegal to retain.

4 fined $17K for fisheries violations

2 hurt in Prince George home invasion

R-C-M-P say it happened just after eight last night in a home in the city's Quinson neighbourhood, northwest of the downtown core. Investigators haven't said how many people might have been involved in the attack or how they were called to the home.

2 hurt in Prince George home invasion

Dr.Theresa Tam says to protect health amidst wildfires

Chief Public Health Officer Dr. Theresa Tam says the smoke from the fires contains microscopic particles that pose significant risk to both humans and animals. The particles can cause asthma attacks, compound breathing problems for people with C-O-P-D, and potentially lead to bronchitis and pneumonia.