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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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NDP House leader says Speaker should resign after honouring man who fought for Nazis

NDP House leader says Speaker should resign after honouring man who fought for Nazis
Rota issued a written apology Sunday and repeated it in the House Monday morning. He said he alone was responsible for inviting and recognizing Yaroslav Hunka last Friday, who fought for the First Ukrainian Division during the Second World War.

NDP House leader says Speaker should resign after honouring man who fought for Nazis

Child luring suspect on loose

Child luring suspect on loose
Summerland R-C-M-P say a 10-year-old girl reported on Sept. 20 that a Caucasian male about 40 years of age approached the girl in his red truck while she was walking along Kelly Avenue on her way to Giants Head Elementary. Police say the man asked the girl if she wanted a ride to school, prompting the girl to run away in the opposite direction.  

Child luring suspect on loose

Fatal shooting in Richmond

Fatal shooting in Richmond
Police say one person is dead after a shooting in Richmond over the weekend. Richmond R-C-M-P say officers were called to the area of Cooney and Anderson roads on Sunday just before 5 a-m to investigate reports of shots being fired.

Fatal shooting in Richmond

Environment Canada warns B.C. coast to prepare for heavy winds, some rain

Environment Canada warns B.C. coast to prepare for heavy winds, some rain
Rain and a wind storm are expected for much of British Columbia's coast, bringing gusts as strong as 110 kilometres per hour. Environment Canada warnings cover both northern and eastern Vancouver Island, as well as Victoria, portions of the Sunshine Coast and Haida Gwaii.

Environment Canada warns B.C. coast to prepare for heavy winds, some rain

Funding for Firefighters: BC Gov

Funding for Firefighters: BC Gov
British Columbia is providing more money to rural, First Nations and volunteer fire departments across the province to help upgrade equipment and training. The announcement includes 1.75-million-dollars for the Fire Chiefs' Association of B-C to provide fire training for rural and First Nations fire departments.

Funding for Firefighters: BC Gov

'Damaged' India-Canada relations getting traction in Chinese media

'Damaged' India-Canada relations getting traction in Chinese media
Canadian Prime Minister Justin Trudeau had told his country’s lawmakers on Monday that Canada is probing “credible allegations” of Indian government's involvement in the killing of pro-Khalistani leader and Canadian citizen Hardeep Singh Nijjar outside a gurdwara in Surrey, British Columbia, on June 18. The Indian government has strongly denied the allegations, calling them "absurd".

'Damaged' India-Canada relations getting traction in Chinese media