National

Home sales strong in May

Darpan News Desk The Canadian Press, 14 Jun, 2023 02:13 PM

The B-C Real Estate Association says home sales across the province last month were "surprisingly strong."

Association chief economist Brendon Ogmundson says, despite rising interest rates over the last year, home sales have "staged an early recovery" to return to a normal pace more quickly than expected.

A statement from the association says nearly 92-hundred sales were recorded around B-C in May -- up nearly 10 per cent year-over-year -- while the average price climbed three per cent during the same period, to just over one-million dollars.

The statement says it's the first time since April of last year that the average home price in B-C has topped the million-dollar mark.

Prev Next

MORE National ARTICLES

Foster kids of all ages get free tuition in B.C.

The program was launched in 2017, waiving fees for people who had been in care from the ages of 19 to 26, but starting next August, that restriction will be eliminated. Since the waiver program was introduced, 1,900 students have had a total of $13 million in tuition and fees waived.

Foster kids of all ages get free tuition in B.C.

B.C. murder conviction tossed for 'error in law'

In a unanimous decision, a three-justice panel of B.C.'s highest court overturned Pirko's conviction, ruling that the trial judge's charge to the jury was "so confusing as to amount to error in law." In his ruling issued Tuesday, Fitch also says the judge's final instructions about Pirko's criminal record were "incomplete and deficient in law."

B.C. murder conviction tossed for 'error in law'

Canada weighs new submarines as allies push ahead

The Royal Canadian Navy launched a push to replace the country's four Victoria-class submarines nearly two years ago by creating a special team to figure out what Canada needs in a new fleet. The move came in response to growing concerns about the age of Canada's existing submarines and the amount of time needed to design and build such vessels.

Canada weighs new submarines as allies push ahead

NDP wants Liberals to expand GST rebate in budget

Party leader Jagmeet Singh said he expects to see money in the budget to expand dental care coverage to teens, seniors and people living with a disability, which was part of the confidence-and-supply agreement with the Liberals.

NDP wants Liberals to expand GST rebate in budget

A look at vehicle-ramming cases in Canada

Two people are dead and nine others are injured after a pickup truck ran into multiple pedestrians in the eastern Quebec community of Amqui on Monday, with police alleging the driver acted deliberately and with premeditation. Here's a look at some other vehicle-ramming cases in Canada in recent years:

A look at vehicle-ramming cases in Canada

Body found after shots fired in Surrey, B.C.

A statement from Surrey RCMP says the body was discovered as officers were called to the Grandview Heights neighbourhood just before 8 p.m. Monday. Police say the unnamed victim appeared to have been shot. The case has been turned over to IHIT.