Vancouver January home sales down 55% from last year: real estate board
The Real Estate Board of Greater Vancouver says January home sales were more than halved from the year before and down 21 per cent from December.
The board says sales for the month totalled 1,022, a 55 per cent drop from the prior January.
The number of homes that changed hands last month was also 42.9 per cent below the 10-year January sales average.
The board attributed the quiet month to mortgage rates, which have risen rapidly over the last year and weighed on homebuyer intentions.
It found the region's composite benchmark price was more than $1.1 million, a 6.6 per cent decrease over January 2022 and a 0.3 per cent fall compared with December 2022.
The total number of homes currently listed for sale on its listing service is 7,478, a 32.1 per cent increase compared with January 2022 and a 1.3 per cent increase compared with December 2022.
This report by The Canadian Press was first published Feb. 2, 2023.
CTVNews.ca Top Stories
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
Freeland's green economy spending aimed at competing with U.S. Inflation Reduction Act
Finance Minister Chrystia Freeland says clean energy and green technology spending may not have been the big-ticket items of the 2023 federal budget if it weren’t for the need to compete with infrastructure spending in the United States.
Federal government capping excise tax on alcohol after outcry
The increase in excise duties on all alcoholic products is being temporarily capped at two per cent starting next month instead of a planned 6.3 per cent increase.
opinion
opinion | The gun control debate in America has been silenced
In the wake of another deadly mass shooting in America, that saw children as young as nine years old shot and killed, the gun control debate is going nowhere, writes CTV News political analyst Eric Ham.
Was Stonehenge a giant calendar? New research suggests maybe not
Stonehenge's purpose has long been a mystery, with some researchers proposing that it may have been an ancient solar calendar. But now, new analysis suggests the calendar theory is unsubstantiated.
Kids would rather learn from smart robots than less-smart humans: new study
A new study published by Canadian researchers suggests that kindergarten-age children would rather be taught by a competent robot than an incompetent human.
‘Using waste material makes sense’: Mysterious artist Junko turns trash into giant sculptures
A mysterious, Montreal-based street artist named Junko is generating buzz in Metro Vancouver with futuristic, bug-like sculptures made from old car parts, scrap metal and tossed out shoes.
New research finds subtle brain changes in pre-symptomatic Alzheimer’s patients
A new peer-reviewed study from the Medical University of South Carolina report in Brain Connectivity has found individualized brain fingerprints which can help diagnose early Alzheimer's disease.
Hamilton family raising awareness about Strep A after sudden death of toddler
A Hamilton, Ont., family is hoping to raise awareness about Strep A after the tragic death of their two-year-old.
Vancouver Island
-
Victoria landlord to pay tenant $30K for noise, asbestos exposure after judge strikes down challenge
A Victoria landlord and property management company must pay more than $30,000 in damages and rental reduction to a tenant who complained of exposure to asbestos and excessive noise while their apartment building was renovated.
-
'Hard to keep in stock': Non-alcoholic beer and cocktails creating buzz on Vancouver Island
They’ve been pulling plenty of pints of non-alcoholic beer at Oak Bay’s Penny Farthing pub since they started carrying it this past December.
-
Elephant seal rescued from side of Saanich highway
A wayward elephant seal that was spotted off the side of the Trans-Canada Highway in Saanich was safely relocated by police and Fisheries and Oceans Canada (DFO) on Monday.
Calgary
-
Violence at Lions Park LRT station sends two women to hospital
Police were called to the Lions Park LRT station, near North Hill Centre, around 8 p.m. for reports of a large group of people fighting.
-
Police investigate suspicious death in downtown Calgary high rise
Police are investigating the circumstances of the death of a woman in a residential tower in downtown Calgary.
-
Gas prices won't be record breaking, but they will be high this summer
The price of gas is heading upward and it's expected to remain high through the summer, thanks to a number of market forces.
Edmonton
-
Edmonton man comes home to find snake native to U.S. in apartment
An Edmonton man says he hasn't slept well since finding a metre-long snake that's native to the eastern and southern American states behind his couch.
-
'Long road ahead of him': Employee shot at Edmonton Pizza Hut enters physiotherapy
The Pizza Hut employee who was shot at his workplace earlier this month is on the long road to recovery, his sister has confirmed Tuesday to CTV News Edmonton.
-
New chemical in Edmonton water to help prevent lead buildup
A new colourless, odourless chemical that is designed to act as a barrier to keep lead out of Edmonton's drinking water is now running through the city's taps.
Toronto
-
'Intense burst of snow' expected to hit Toronto area Wednesday
Spring may have arrived, but Toronto isn't quite done with winter weather yet.
-
Man accused of killing 'adventurous' teen in Toronto subway station wanted in Newfoundland
The man who allegedly killed a 16-year-old boy remembered as an avid adventurer has been wanted on an arrest warrant issued in a Newfoundland courtroom for nearly two years.
-
Man in life-threatening condition after being hit by vehicle on Yonge Street
A man has been transported to hospital with life-threatening injuries after being struck by a vehicle on Yonge Street in Toronto Tuesday night, police said.
Montreal
-
Quebec police officer stabbed and killed during arrest, second wounded
A Quebec provincial police officer was fatally stabbed Monday night while performing an arrest in Louiseville, west of Trois-Rivieres, Que. The Surete du Quebec (SQ) has confirmed the identity of the officer, Sgt. Maureen Breau, who had been on the force for over 20 years. She was assigned to the post of the MRC de Maskinonge. Another officer was injured during the incident, but their life is not in danger.
-
Police identify last two victims of Old Montreal fire, both 18 years old
Montreal police say they have identified two more victims found in the rubble of a fire in Old Montreal 12 days ago. Charlie Lacroix and Walid Belkahla, both 18, are the sixth and seventh victims of the fire.
-
Former Chambly mayor arrested by UPAC on two charges
Denis Lavoie, former mayor of the South Shore City of Chambly, was arrested Tuesday by Quebec's anti-corruption unit (UPAC) for obstruction of justice and breach of trust.
Winnipeg
-
Winnipeg has not recorded a positive temperature since Valentine's Day. Here is how long the cold could last
Manitobans waiting for the temperature to warm up this spring will have to wait a little longer.
-
Federal budget could have big implications for Manitoba mining industry
With an insatiable demand for lithium around the world, new tax incentives unveiled in the 2023 federal budget could have big implications for Manitoba's mining industry.
-
RCMP searching for car with Saskatchewan plate in Manitoba homicide investigation
RCMP in Manitoba are asking for help in identifying a vehicle they say is connected with the death of a Brandon man last year.
Saskatoon
-
Taste of Saskatchewan going on hiatus this year, organizer says
Taste of Saskatchewan is tasting a break this summer.
-
Five-year-old Saskatoon boy suffers head injury in dog attack
A Saskatoon couple says they felt ignored by police after their five-year-old foster son was attacked by a dog outside the Meadowgreen Confectionary on March 22.
-
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
Regina
-
Sask. MLA Derek Meyers dies following battle with cancer
Derek Meyers, the MLA for Regina Walsh Acres has died following a battle with cancer, according to the province.
-
'The last time I saw my grandson alive': Grandfather testifies in 2nd-degree murder trial for Chelsea Whitby
Emerson Whitby was a busy, inquisitive toddler who was always moving around. That’s how his grandfather Travis Jolly described the 18-month-old boy as he detailed the last time he saw his grandson alive during trial at the Court of King’s Bench on Tuesday.
-
'Strong value': Regina police to officially launch Aerial Support Unit
The Regina Police Service (RPS) will be officially launching their Aerial Support Unit on Thursday morning.
Atlantic
-
N.S. mass shooting inquiry report must deliver 'clear commentary': family lawyer
A lawyer who represents Nova Scotia mass shooting victims' families said in an interview they are hoping "for clear commentary on what things went wrong and what things ought to have been done better or differently."
-
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
-
N.B. residents suffering from mystery brain disease call for fresh investigations
New Brunswickers suffering from a mystery neurological disorder are calling for an investigation into potential environmental causes of the health problems they've been living with for more than two years.
London
-
New Costco south location to open its doors on Wednesday
Attention all Costco lovers, get your membership cards ready — after a long wait, the new Costco Wholesale location in south London, Ont. will officially open its doors on Wednesday morning.
-
WATCH
WATCH | London fire crews tackling large barn, grass fire in southeast London, Ont.
London fire crews are currently tackling a ‘large grass fire and working barn fire’ in the southeast section of the city Tuesday afternoon and are asking the public to avoid the area.
-
Child dead in Elgin County, OPP investigating
OPP are investigating after discovering a child who was vital signs absent in West Elgin on Monday. According to police, no foul play is suspected in the child’s death.
Northern Ontario
-
Defence accuses Crown of compromising Sudbury murder trial as deliberations begin
As the jury began deliberating Tuesday on the fate of Robert Steven Wright, several restrictions on what can be reported about the case have been lifted. Here are a few of the items that were discussed during the trial when the jury was not present.
-
One dead, one injured in MR55 crash between pickup, tanker
The driver of a pickup truck, a 47-year-old woman, has died after a crash with a tanker on MR55 in the Greater Sudbury community of Lively on Tuesday morning, police say.
-
Federal government capping excise tax on alcohol after outcry
The increase in excise duties on all alcoholic products is being temporarily capped at two per cent starting next month instead of a planned 6.3 per cent increase.
Kitchener
-
Budget 2023 prioritizes pocketbook help and clean economy, deficit projected at $40.1B
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
-
Hamilton family raising awareness about Strep A after sudden death of toddler
A Hamilton, Ont., family is hoping to raise awareness about Strep A after the tragic death of their two-year-old.
-
'They're struggling to stretch their own budget': Grocery prices impact local food budgets
A one-time grocery rebate for low income Canadians is coming at time where many residents in the region are struggling to keep up with their food bills.