Skip to Main content

11.55°^C Vancouver

News Entertainment Videos Shows Podcast Contact Us

Ads

Sep 2, 2020 5:28 PM -

Vancouver home prices rose in August amid above-average sales rate

Share On

Metro Vancouver home sales hit 3,047 in August at a benchmark price of $1.04 million, as the housing market continued its recovery from the COVID-19 pandemic.

The Real Estate Board of Greater Vancouver says the number of homes sold last month was nearly 20 per cent higher than the 10-year average for August, although there was a slight decrease from the 3,128 homes sold in July.

The benchmark price in August was 5.3 per cent higher than August 2019 and 0.7 per cent higher than July.

Board chairwoman Colette Gerber says the higher-than-average sales were driven by people who put their plans on hold in the spring, when home viewings were locked down to slow the spread of COVID-19.

The board says both detached and attached homes saw sales spike more than 50 per cent in August, compared with the same month last year.

Latest news

alberta-government-freezes-industrial-carbon-price

AlbertaMay 12, 2025

Alberta government freezes industrial carbon price

Alberta Premier Danielle Smith says her government is freezing its industrial carbon price effective immediately at 95-dollars per tonne of emissions.The industrial carbon price had been scheduled to increase to 110 dollars next year and continue rising to 170 dollars per tonne by 2030.She says the freeze is critical to keep Albertan industry competitive and defend jobs during Canada's tariff fight with the United States. Prime Minister Mark Carney announced the effective cancellation of the federal consumer carbon price shortly after he took office in March.

statistics-canada-says-canadian-resident-return-trips-from-u-s-down-again-in-april

CanadaMay 12, 2025

Statistics Canada says Canadian-resident return trips from U.S. down again in April

Statistics Canada says preliminary figures for April continue to point to a sharp drop in return trips from the United States by Canadian residents. The agency says the number of Canadian-residents returning by automobile from the United States in April fell on a year-over-year basis for the fourth consecutive month as it dropped 35.2 per cent to 1.2 million. Canadians have cancelled trips to the U.S. in the wake of U.S. President Donald Trump's tariffs on Canadian goods and his desire for Canada to become the 51st state. Canadian-residents returning by air from the United States in April tota

bc-highway-patrol-investigates-a-collision-involving-a-police-vehicle

BC Highway Patrol investigates a collision involving a police vehicle

B-C Highway Patrol says one of its unmarked vehicles was involved in a crash that diverted traffic on the Coquihalla Highway for nine hours this weekend.Police say the crash happened Saturday morning between an unmarked police pickup truck and another pickup, which were both going north towards Kamloops. Investigators say they've spoken with witnesses and gathered dashcam footage, but they're still on the hunt for more people who may have seen the crash. Police say the vehicles were both badly damaged.The officer, and a 21-year-old woman and her 19-year-old passenger, both from

afn-chief-says-talks-of-alberta-separation-irresponsible-points-to-treaties

AlbertaMay 12, 2025

AFN chief says talks of Alberta separation 'irresponsible,' points to treaties

The national chief of the Assembly of First Nations says talk of Alberta separatism is 'irresponsible' and it's "not smart" for politicians to make statements about it without consulting with First Nations first. Alberta Premier Danielle Smith has introduced a bill that would make it easier for Albertans to launch referendums on various topics — including splitting from Canada. Smith has pointed to growing alienation in her province and frustration with Ottawa, saying those wanting to separate "are not fringe voices." National Chief Cindy Woodhouse Nepinak says any effort by Alberta to split

dow-jumps-995-and-s-p-500-climbs-2-9-following-a-90-day-truce-in-the-us-china-trade-war

WorldMay 12, 2025

Dow jumps 995 and S&P 500 climbs 2.9% following a 90-day truce in the US-China trade war

U.S. stocks are leaping after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 2.9% Monday. The Dow Jones Industrial Average rose 995 points, and the Nasdaq composite gained 3.9%. Hopes for an economy less encumbered by tariffs also sent crude oil prices higher. The U.S. dollar strengthened against other currencies, and Treasury yields jumped on expectations the Federal Reserve won't have to cut interest rates so deeply this year in order to protect the economy. Analysts warned conditions could still quickly change, as has so often happe

Ads

Related News

BC Highway Patrol investigates a collision involving a police vehicle

BC Highway Patrol investigates a collision involving a police vehicle

B-C Highway Patrol says one of its unmarked vehicles was involved in a crash that diverted traffic on the Coquihalla Highway for nine hours this weekend.Police say the crash happened Saturday morning between an unmarked police pickup truck and another pickup, which were both going north towards Kamloops. Investigators say they've spoken with witnesses and gathered dashcam footage, but they're still on the hunt for more people who may have seen the crash. Police say the vehicles were both badly damaged.The officer, and a 21-year-old woman and her 19-year-old passenger, both from

More than 30 residents displaced following blaze at North Vancouver seniors complex

More than 30 residents displaced following blaze at North Vancouver seniors complex

District of North Vancouver Fire Chief Mike Danks says it took fire crews from all over the north shore to get a fire at a seniors complex under control on Saturday. Danks says crews from the district, the city and from West Vancouver all pitched in after the fire broke out at the Lynn Valley apartment complex, trapping residents on their balconies. The chief says there was a fatal fire at the same building years back, and it was under renovation for earlier damage. Danks says the cause of the fire is unknown, and 36 displaced residents have been housed in temporary accommodations as i

No credible evidence found after police receive bomb threat on a flight out of Vancouver airport

No credible evidence found after police receive bomb threat on a flight out of Vancouver airport

Richmond R-C-M-P say they believe emails sent to a local news agency and staff at the Vancouver International Airport yesterday about a bomb on a plane were a malicious hoax.Mounties say the threat Sunday was taken seriously, but a sweep of the flight found no evidence of an explosive device. Police say the flight was delayed, but airport operations were only minimally affected.They say they believe the emails were part of a so-called `swatting'' call, where false threats are called into law enforcement to provoke a police response.

Ads

Legals

Journalism code of ethics

© 2021 AKASH Broadcasting Inc.

MANAGED BY STRATWIT

useful links

Accessibility Plan

BC Children's Hospital