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.
The tentative agreement announced in the wee hours of Monday morning came after the Treasury Board, which oversees the administration of the federal government, tabled what it described as a "final offer" on Friday.
The warm temperatures come a day after records were broken on Friday in cities like Victoria and Abbotsford. Temperatures Sunday afternoon have fallen below 28 degrees, with rain in the forecast Monday for several interior cities.
Vancouver Fire Rescue Services say they responded to a fire Saturday at 9:30 p-m on Dunlevy Avenue, in the back of the Asian Canadian Benevolent Association building. Police say they found the body of a 50-year-old man in the electrical room in the parking lot, where the fire is believed to have started accidentally.
The Village of Cache Creek, nearly 350 kilometres northeast of Vancouver, has issued an evacuation order for a single property along the Trans Canada Highway due to an “existing or imminent” threat of flooding.
The agency says it will now set up additional primary control zones as needed around the infected zone, currently centred around the communities of Yarrow and Barrowtown 90 kilometres east of Vancouver. Since an outbreak began in 2022, H-5-N-1 has forced farms in B-C and across Canada to cull millions of birds when an infection is found.
The B-C Wildfire Service says the Dripping Water wildfire discovered on Thursday 600 kilometres north of Vancouver has now reached over 200 hectares. Meanwhile, the Lost Valley Road wildfire over 400 kilometres northeast of Vancouver discovered on Saturday has now reached over 100 hectares.