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 latest outlook from the World Bank predicts the growth of the global economy will likely slow sharply this year. The anti-poverty agency estimates the international economy will expand just 2.1 per cent after growing 3.1 per cent last year.
A statement on the university's website says classes are suspended at its main campus and its Sechelt campus on the Sunshine Coast. The job action comes as the Ministry of Finance announces agreements affecting about 2,100 public sector CUPE support staff at five post-secondary institutions in B.C.
Mounties say a man has been found dead in Kelowna. They say officers responded to a report of the body in the area of McCulloch Road at Myra Forest Service Road around 8 a-m Sunday.
Mounties and firefighters in North Vancouver say one person died in a house fire in the city. The North Vancouver R-C-M-P and the city's fire department say they are investigating Friday's blaze in the 400-block of Queensbury Avenue.
B.C.'s chief coroner, Lisa Lapointe — who joined Charlesworth and provincial health officer Dr. Bonnie Henry at a news briefing — says toxicology tests show hydromorphone hasn't been present in any significant number of deaths.
Residents in Victoria and Kelowna will be able to catch a ride with Uber starting tomorrow. The ride-hailing giant says service will go live at noon for the two major B-C cities after years of trying to get into the market.