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.
Almost 700 firefighters from South Africa, Australia, New Zealand and the United States are set to arrive in Canada over the next two weeks to help with the unusually severe start to the wildfire season. There are 214 fires burning and 93 of them are out of control, up from 87 out-of-control fires Thursday.
The B.C. board says Vancouver's housing market is showing signs of heating up heading into the summer, as prices increased for the sixth consecutive month. The board says sales for the month totalled 3,411, which was 1.4 per cent below the 10-year seasonal average of 3,458.
After heated debates and decision reversals, most of Stanley Park’s temporary bike lanes set up during the pandemic have now been removed. It means cars now have two lanes along the main Park Drive and those cycling through will either have to share the road or go to the seawall for a slower pace.
Police in New Westminster say a woman is recovering in hospital after being pulled from the Fraser River. They say officers received a report around noon on Tuesday that woman who appeared to be in distress could be seen from the pier in the fast-moving water.
The complainant saw a man running in her direction carrying a rope, was startled, ran away and contacted police. Police attended the park, spoke with the complainant and conducted patrols through the park.