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.
Coquitlam RCMP has been investigating the circumstances surrounding the incident and an Elementary school near by was put on 'hold and secure'. One person was located and is in custody. There is no risk to the public.
The victim arranged to sell a pair of shoes from Facebook Marketplace. Two men arrived at his residence and after several minutes, pepper sprayed the victim and took off with the shoes. The victim suffered minor injuries from the spray.
Leonard Landrick was in his late 70s when he was handed the life terms for the 2017 slayings of 57-year-old building council member Sandra McInnes and 51-year-old Neil Croker, the building's manager.
District of North Vancouver Fire Rescue Service were already on scene. Flames and smoke were seen coming from the three-story structure, and firefighters quickly brought the fire under control.
A 24-year-old man was arrested. The investigation remains active and ongoing.
The three-year exemption effective Jan. 31 will apply to drug users 18 and over and include opioids, cocaine, methamphetamine and MDMA, also known as ecstasy.