Kasia Broussalian So tell me a little bit more about this announcement that we heard from these three countries yesterday. Here to talk to me about it is the FT’s Demetri Sevastopulo. Aukus was signed back in 2021 as a pact between the three countries to respond to China’s growing military capabilities. Green campaign groups, however, say that the money is way too little to make any meaningful difference to water quality across the UK.ĭefence ministers from the US, UK and Australia announced yesterday that they’re thinking about expanding their security partnership. The EA recently said companies pumped raw sewage into British rivers and seas at a record pace last year. Water companies are facing their biggest protests since the industry was privatised 35 years ago. The regulator is hoping the move will calm public anger over sewage pollution. The money comes from fines collected against five water companies, including Thames Water. The Environment Agency for England and Wales announced today that it’s allocating £11mn to local water projects. I’m Kasia Broussalian, and here’s the news you need to start your day. Plus, Taiwan’s most important chip manufacturer is expanding its operations in the US. And the security pact between the US, UK and Australia is opening the door to Japan. The UK is trying to throw money at the country’s sewage problem. Today is Tuesday, April 9th and this is your FT News Briefing. Kasia Broussalian Good morning from the Financial Times. This is an audio transcript of the FT News Briefing podcast episode: ‘ TSMC doubles down on Arizona ’ The active listings were 12.6 per cent above the five-year average and 10.7 per cent above the 10-year average for the month of March.ĬADREB is an association of 365 Realtors that provides services and sets standards for members, serving Chilliwack, Agassiz, Hope, Boston Bar and Harrison.Kasia Broussalian, Kathrin Hille and Demetri Sevastopulo Jump to comments section Print this page ![]() Active listings haven’t been this high in the month of March in five years. There were 518 new residential listings in March 2024.Īctive residential listings numbered 983 units on the market at the end of March, a sizable gain of 19.7 per cent from the end of March 2023. ![]() The number of new listings saw an increase of 16.1 per cent from March 2023. The dollar value of all home sales in March 2024 was $208.5 million, down modestly by 1.6 per cent from the same month in 2023. The more comprehensive year-to-date average price was $761,168, a gain of 5.9 per cent from the first three months of 2023. The average price of homes sold in March 2024 was $783,851, increasing by 8 per cent from March 2023. By comparison, the benchmark price for townhouse/row units was $620,200, a moderate gain of 6.8 per cent compared to a year earlier, while the benchmark apartment price was $414,700, increasing by 8 per cent from year-ago levels. The benchmark price for single-family homes was $914,600, an increase of 7.5 per cent on a year-over-year basis in March. The overall composite benchmark price was $747,900 in March 2024, which was the home price index, up by 6.4 per cent compared to March 2023. This was a sizable gain of 13.1 per cent from the same period in 2023. On a year-to-date basis, home sales totaled 684 units over the first three months of the year. Home sales were 29.3 per cent below the five-year average and 23.9 per cent below the 10-year average for the month of March. ![]() Once demand picks up there will be ample listings to supply those buyers with, so it may be some time before they begin seeing anything stronger than modest price growth, even if the market picks up. New supply is holding strong, and available inventory is just “slightly above average levels,” Kelly said. “Although sales activity came in below last year’s March reading, we are still seeing signs of a slow and steady improvement on a month-by-month basis in our market,” said Steven Kelly, president of the Chilliwack and District Real Estate Board. The number of homes sold through the MLS System in Chilliwack totalled 266 units in March 2024 - a decrease of 8.9 per cent from March 2023. The Chilliwack and District Real Estate Board characterized home sales as “subdued but still rising” according to CADREB’s monthly report for March. The Chilliwack real estate market is undergoing “slow and steady” improvements, even if March sales numbers fell a little flat.
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