National

Metro Vancouver home sales hit record in 2021

Darpan News Desk The Canadian Press, 05 Jan, 2022 10:43 AM

The Real Estate Board of Greater Vancouver says home sales in Metro Vancouver hit an all-time record last year.

The board says sales in 2021 rose 42.2 per cent to 43,999 compared with 30,944 in 2020.

The previous record was 42,326 set in 2015.

Metro Vancouver home sales reached an all-time high in 2021 as housing needs remained a top priority for residents in the second year of the COVID-19 pandemic https://t.co/1UVKYMr5Cy #REBGV #vanre #vancouverrealestate
— REBGV (@REBGV) January 5, 2022

The record year came as home sales in the region in December totalled 2,688, down from 3,093 sales recorded in December 2020 and 3,428 homes sold in November 2021.

The benchmark price for all residential properties increased 17.3 per cent from the prior year to $1.23 million.

Sales of detached homes in December 2021 totalled 794, down from 1,026 sales in December 2020, attached home sales fell to 430 compared with 593 a year earlier and apartment home sales dipped to 1,464 in December, from 1,474 a year earlier.

Prev Next

MORE National ARTICLES

Number of active wildfires in B.C. remains at 250

Fire information officer Taylor Colman says crews are seeing between three and five fires start each day compared with about 40 in July. She says most of the wildfires of note — including White Rock Lake at about 810 square kilometres and Lytton Creek at 845 square kilometres — have not seen much growth.

Number of active wildfires in B.C. remains at 250

Wildlife another B.C. wildfire casualty: expert

Scientists are most worried about old-growth forests in fire areas, which are home to the Canada lynx, the marten, fishers, caribou and northern goshawk, she said.

Wildlife another B.C. wildfire casualty: expert

Mountie in Kelowna, B.C., charged with assault

The prosecution service says in a statement that Const. Lacey Browning faces one count of assault after a wellness check in Kelowna on Jan. 20, 2020. A civil lawsuit was settled this year between Browning and Mona Wang, who was a nursing student at the University of British Columbia's Okanagan campus.

Mountie in Kelowna, B.C., charged with assault

1711 COVID19 cases over 3 days

There are 5,056 active cases of COVID-19 in the province and 153,627 people who tested positive have recovered. Of the active cases, 133 individuals are in hospital and 80 are in intensive care. The remaining people are recovering at home in self-isolation.

1711 COVID19 cases over 3 days

Surrey RCMP is requesting the public’s assistance to locate a 14-year-old missing girl

UPDATE: The RCMP is pleased to confirm that the 14 year-old youth that was reported missing on August 23, 2021, has been located, and she is safe and sound. Thanks to the media and public for your assistance. The original release has been deleted from our social account.

Surrey RCMP is requesting the public’s assistance to locate a 14-year-old missing girl

BC is now second province after Quebec to require a vaccine passport card

British Columbia will be requiring proof of vaccination for people attending certain social and recreational settings and events. As of September 13, one dose of vaccine will be required for entry to these settings. Proof of vaccination will also be required for people visiting from outside of B.C. using a provincially/territorially recognized official record alongside valid government ID from the jurisdiction.