Vancouver home prices rose slightly from June to July
Darpan News Desk The Canadian Press, 02 Aug, 2023 10:12 AM
Home prices in the Greater Vancouver Area rose slightly between June and July to just over 1.2-million-dollars.
The Real Estate Board of Greater Vancouver says that was due to strong sales figures and few listed homes.
Sales last month were running 15.6 per cent below the 10-year seasonal average which the board attributes to the Bank of Canada's steep interest rate hikes.
Kennedy Stewart says a memorandum of understanding between the city, the park board, and the province, meant to help people living in encampments, is being "recklessly disregarded." He describes Sim's support of the V-P-D in dismantling the tent encampment as "hyper colonial" and "cruel."
Canada Mortgage and Housing Corporation reports the annual pace of housing starts jumped 22 per cent between March and April. It says the increase is due to a 33 per cent rise in starts of multi-unit urban homes.
The World Travel and Tourism Council says a return of overseas visitors to Canada's biggest cities will fuel a big rebound in Canada's travel and tourism sector this year. It's predicting the industry will pump 162.6-billion dollars into the economy, up more than 17 per cent from last year.
It issued a release saying Parmar oversaw the largest expansion in the board's history while working alongside Horgan, who stepped down as premier last year and officially resigned his legislature seat in March.
RCMP in B-C says one person is facing seven gun-related charges, including possession of a loaded firearm and careless storage of a firearm after the search. Police say drug-related charges are pending and the suspect has been released on bail.
The Delta Police Department says officers responded to a call on Friday in the 43-hundred block of Cormorant Drive in Tsawwessen. Two people who had been assaulted during the home invasion were taken to the hospital with injuries.