Canada Mortgage and Housing Corporation is predicting home prices and sales will fall from last year's levels by December.
But the federal housing agency says the declines won't blunt much of the market's heat.
Chief economist Bob Duggan says home ownership will be less affordable in the near-term because of higher mortgage rates and high price levels.
He also expects rental affordability will likely decline as well.
A British Columbia First Nation police service says RCMP are investigating allegations of criminal conduct involving one of its members. The service polices 10 member reserves in the southern Interior in Indigenous communities including Lillooet, Seton Lake, Lil'wat and Cayoose Creek.
The victim was standing on Granville near Nelson Street just after 10 p.m. Tuesday when the shooting occurred. The victim, 32, suffered life-threatening injuries and was taken to hospital.
The Canadian defence minister revealed the government’s plan to purchase 200 armoured vehicles for Ukraine’s military during a news conference in the capital Kyiv following a meeting with Ukrainian Defence Minister Oleksii Reznikov.
NDP Leader Jagmeet Singh says it feels like Justin Trudeau's Liberal government is waging war against workers. Singh addressed his New Democrat caucus today in a speech that heavily focused on the struggles faced by the working class.
A release from the City of Campbell River says the slide happened about 7 p.m. Tuesday, affecting the Hillside Place and neighbouring Beechwood Manor condos. The city says no one was hurt, but evacuation of the buildings at 738 and 758 Island Highway South was ordered as a precaution.
The incident took place at 2pm and Emergency crews were on scene. Highway 1 is now reopened. Pedestrian is recovering in hospital with non-life threatening injuries.