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.
Videos of the charter flight shared on social media showed unmasked passengers in close proximity singing and dancing in the aisle and on seats as some clutched bottles of liquor, snapped selfies and vaped.
Police say Connor Russell McDonald, 21, has been charged with arson causing property damage and disregard for human life, mischief to property endangering life, mischief to property, and possession of incendiary material.
There are 271 individuals hospitalized with COVID-19 and 49 are in intensive care. In the past 72 hours, eight new deaths have been reported, for an overall total of 2,974.
Aeroflot Flight 111 entered Canadian airspace on Feb. 27 after the federal government had banned all Russian aircraft earlier that day in retaliation for Russia's invasion of Ukraine.
Fewer than two million doses were shipped out this year and Sajjan says more can go as soon as recipient countries indicate they're ready for them.
With further details on sanctions to come later this week, Joly told reporters Ottawa will do everything in its power to ensure Russia is isolated diplomatically, economically and politically, while providing Ukraine with weapons.