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.
The Public Health Agency of Canada and Statistics Canada have launched a survey to try to get a broad idea of how common it is for people to feel lingering effects after COVID-19 infection, which can be difficult to identify and even harder to track.
VPD officers were responding to reports of an assault with a weapon inside the Patricia Hotel, at East Hastings and Dunlevy Avenue, just after 4 p.m. Thursday, when they were confronted by a man. An altercation ensued and shots were fired.
The driver of the dump truck and trailer unit stayed at the scene and police say impairment is not believed to have been a factor. Burnaby RCMP’s criminal collision investigation team is leading the case.
On Thursday, May 5, 2022, at 2:24 a.m., Surrey RCMP received a report of a woman screaming and a fire alarm ringing in the 13500-block of Old Yale Road. Officers attended the area and located a woman who had been physically assaulted by a man in the staircase of an underground parking lot. The man had fled the area prior to police being called.
On Friday, April 1, 2022, just before 2 p.m., a 17-year-old girl boarded a route 335 bus headed to Newton Exchange in Surrey, made her way to the back of the bus and sat down. At an unknown point in the journey, a man boarded the same bus and began acting erratically while heading to the back of the bus, where he sat near the teen.
Gene Lahrkamp and Matthew Dupre have been accused in the Feb. 4 death of Jimi Sandhu in Phuket and police have said they fled to Canada following the incident.