Sunday, December 14, 2025
    ADVT 
    National

    Vancouver home sales surge 53.4% in December

    Darpan News Desk The Canadian Press, 05 Jan, 2021 05:52 PM
    • Vancouver home sales surge 53.4% in December

    The Real Estate Board of Greater Vancouver says home sales were up 53.4 per cent in the final month of 2020 compared with December 2019, hitting a new record for the month.

    The board says 3,093 homes were sold in December, up from 2,016 in December 2019 and slightly more than the 3,064 homes sold in November.

    Vancouver real estate agents sold 1,026 detached homes, a 71.3 jump from December 2019.

    The board says the composite home price in Vancouver ended the year at $1,047,400, up 5.4 per cent from the same time last year.

    Board chair Colette Gerber says the COVID-19 pandemic has been a major cause of the unusual home sales pattern, in what is traditionally quietest month for the real estate market.

    Gerber says the pandemic brought the housing market to a near standstill in March, but demand for housing returned through summer, fall and winter– intensified by low interest rates.

    Prev Next

    MORE National ARTICLES

    Man charged after targeting women in parking lot

    Man charged after targeting women in parking lot
    Police say in a news release that they responded to an assault call at Southgate Centre Tuesday afternoon.

    Man charged after targeting women in parking lot

    One missed signal light, one more dangerous weapon removed from the street.

    One missed signal light, one more dangerous weapon removed from the street.
    Benjamin James Gilleland, a 35-year-old resident of Surrey, was held in custody to be brought before a judge on the outstanding warrant, while the other two occupants were released at the scene.

    One missed signal light, one more dangerous weapon removed from the street.

    B.C. long-term care workers vaccinated next week

    B.C. long-term care workers vaccinated next week
    Up to 400,000 B.C. residents can get a shot in the arm by the end of March. Dr. Henry says prioritizing those who work at care homes will protect the elderly, who can't travel to sites where the vaccine must be administered because it needs to be kept at a very cold temperature.

    B.C. long-term care workers vaccinated next week

    Lines drawn for first ministers' health meeting

    Lines drawn for first ministers' health meeting
    First ministers are scheduled to meet via conference call Thursday — a long-awaited meeting that was supposed to be devoted to the premiers' unanimous call for a big increase in the annual federal transfer to provinces and territories for health care.

    Lines drawn for first ministers' health meeting

    U.S. takes fresh aim at Canada's dairy farmers

    U.S. takes fresh aim at Canada's dairy farmers
    The U.S. has made an official request for consultations to address Canada's limits on a variety of dairy products — an initial step in the first enforcement action under the U.S.-Mexico-Canada Agreement since the deal took effect in July.

    U.S. takes fresh aim at Canada's dairy farmers

    CBSA manager told not to take notes on Meng arrest

    CBSA manager told not to take notes on Meng arrest
    Goodman testified she wanted to create a case summary or timeline of events, but MacVicar warned that the record could later be obtained through an access to information request.

    CBSA manager told not to take notes on Meng arrest

    PrevNext