Wednesday, May 27, 2026
ADVT 
National

Home sales strong in May

Darpan News Desk The Canadian Press, 14 Jun, 2023 02:13 PM
  • Home sales strong in May

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. 

MORE National ARTICLES

Fourth flying object shot down by U.S. military

Fourth flying object shot down by U.S. military
Prime Minister Justin Trudeau said Sunday Canada and the U.S. were co-operating and in constant communication about the situation, adding both countries and the North American Aerospace Defence Command are taking the situation very seriously.    

Fourth flying object shot down by U.S. military

12 injured in Ottawa gas explosion, including kids

12 injured in Ottawa gas explosion, including kids
Two men had serious injuries, but all in hospital were in stable condition, they said. Other injured people were released at the scene. The explosion occurred around 6:18 a.m. local time and affected four homes that were under construction, said Ottawa deputy fire chief David Matschke.    

12 injured in Ottawa gas explosion, including kids

U.S. shoots down 'object' near Canada-U.S. border

U.S. shoots down 'object' near Canada-U.S. border
National Security Council co-ordinator John Kirby confirmed the latest encounter and its location during Friday's press briefing at the White House, and said the order to shoot it down came directly from President Joe Biden.

U.S. shoots down 'object' near Canada-U.S. border

Lifted trailer rams Richmond, B.C., overpass

Lifted trailer rams Richmond, B.C., overpass
He says the trailer with a box on top was in the lifted or dumping position when it crashed into the overpass. Hwang says it's unclear what the circumstances were before the crash, which happened at about 7:30 Friday morning.

Lifted trailer rams Richmond, B.C., overpass

B.C. Liberals say Eby's drug strategy 'too narrow'

B.C. Liberals say Eby's drug strategy 'too narrow'
The overdose crisis debate is expected to continue through the spring as the government highlighted in its throne speech its work on a model of addictions care that moves people from detox to treatment.

B.C. Liberals say Eby's drug strategy 'too narrow'

2 teen female pedestrians in hospital after being struck in Richmond

2 teen female pedestrians in hospital after being struck in Richmond
The driver of the vehicle, a 17-year old female, was uninjured. She remained at scene and was cooperative with investigators. Both pedestrians were not on the roadway during the collision. All persons involved are from Richmond.

2 teen female pedestrians in hospital after being struck in Richmond