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Housing market could rebound in 2024

Darpan News Desk The Canadian Press, 08 Jan, 2024 12:04 PM
  • Housing market could rebound in 2024

An economist says the Canadian housing market could be in for a rebound this year after a cautious 2023.

T-D Bank economist Rishi Sondhi says that optimism depends largely on the forecasts of the Bank of Canada cutting interest rates, which may begin as early as the second quarter.

Home prices softened in several areas late last year, including in the Fraser Valley.

Vancouver Realtor Tim Hill says he is optimistic of consumer sentiments slowly shifting as prices improve in recent months.

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Funeral for B.C. Mountie Rick O'Brien, 51, killed while serving search warrant

Funeral for B.C. Mountie Rick O'Brien, 51, killed while serving search warrant
O'Brien, who was 51, died Sept. 22 while he and other officers were executing a search warrant at a home in Coquitlam.  He was shot and died at the scene, while two other officers and the suspect were injured.

Funeral for B.C. Mountie Rick O'Brien, 51, killed while serving search warrant

Ambulance crashes into lamppost

Ambulance crashes into lamppost
B-C Emergency Health Service says an ambulance with five people on board, including one patient, crashed into a lamppost in Vancouver early this morning. The service says the ambulance had its lights and sirens on as it transported the patient between hospitals, accompanied by a nurse escort and three paramedics.

Ambulance crashes into lamppost

3 charged with First Degree Murder in Pawandeep Chopra's homicide

3 charged with First Degree Murder in Pawandeep Chopra's homicide
Surrey R-C-M-P say three men are facing charges in connection with the murder of 24-year-old Pawandeep Chopra in November last year. The Mounties say Chopra died two days after officers were first called about a patient suffering from gunshot injuries at the local hospital.

3 charged with First Degree Murder in Pawandeep Chopra's homicide

One dead in Cloverdale crash

One dead in Cloverdale crash
Mounties in Surrey say one person is dead after a crash this morning and they're asking for any witnesses or drivers with dash-cam footage to come forward. Police say they responded to the two-vehicle crash in the Cloverdale area shortly before 10 a-m and the victim was declared dead at the scene.  

One dead in Cloverdale crash

Plan to penalize BC Ferries for missed 'core-service' sailings, details next year

Plan to penalize BC Ferries for missed 'core-service' sailings, details next year
A statement from the Ministry of Transportation says details of the plan to improve the reliability of the ferry service will be confirmed next spring. Transportation Minister Rob Fleming says he knows last summer was frustrating for travellers and a challenge for BC Ferries due to staffing and mechanical issues.

Plan to penalize BC Ferries for missed 'core-service' sailings, details next year

Delta landfill in British Columbia would turn into a spot for eagle watching in fall

Delta landfill in British Columbia would turn into a spot for eagle watching in fall
Fall and winter are some of the busiest months for a raptor rescue operation in Delta, B.C., as it prepares for the annual migration of eagles scavenging at the Metro Vancouver landfill.  Martina Versteeg, the raptor care supervisor with Orphaned Wildlife Rehabilitation Centre, also known as OWL, said it's a great spot for bird watching as hundreds of eagles converge to gorge at the dump. 

Delta landfill in British Columbia would turn into a spot for eagle watching in fall