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 statement from the RCMP says it happened just after noon on Wednesday. The children, believed to be nine or 10-years old, were walking near the UBC Botanical Gardens when they were hit.
Vancouver police say it unfolded Wednesday at a gas station where a pedestrian was hit with a vehicle, then the driver got out of his car and chased several people while holding a knife and machete. A statement from police says the suspect reportedly punched a passerby before turning back to the pedestrian and stabbing him in the neck and back.
The increase in global inflation is occurring as the global economy slows. The Russian invasion of Ukraine, China’s COVID-related lockdowns, and ongoing supply disruptions are all weighing on activity and boosting inflation.
In a report released Wednesday, privacy commissioners say people who downloaded the Tim Hortons app had their movements tracked and recorded every few minutes, even when the app was not open on their phones.
Charges will not be laid in B.C. against anyone 18 or older possessing up to 2.5 grams of opioids, cocaine, methamphetamine or MDMA, also known as ecstasy, for three years, starting Jan. 31, 2023.
The interrupted service is because of a SkyBridge track issue between Columbia and Scott Road stations. The whole thing started Monday night and still hasn't been resolved.