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.
Much of British Columbia will welcome the first week of fall with wet, cool conditions after enduring a summer of drought. Autumn officially begins at 11:50 p.m. Pacific time on Friday and Environment Canada forecasts show clouds and showers are expected to sweep across the south coast within hours of the autumnal equinox.
R-C-M-P in Coquitlam say a man has been charged following an attack on a woman walking along a popular urban trail in that Metro Vancouver city. Police say a 32-year-old man was charged with separate counts of assault with a weapon and assault by choking related to the September 7th attack.
An investigation into unmarked graves and missing children by British Columbia’s Sto:lo Nation has revealed at least 158 deaths, most of them at a hospital. Researchers with the nation say archival documents from three residential schools and a First Nation hospital show most of the children reportedly died of disease, some of accidents, while other causes of death are unknown.
Vancouver police say one person was briefly taken into custody yesterday during protests and counter-protests related to including sexual orientation and gender identity supports in B-C schools. Police say the arrest happened during a confrontation between opposing groups but they say there were no significant public safety issues.
With India warning its citizens to “exercise utmost caution” while in Canada amid escalation of the diplomatic row between the two countries, the families of students and permanent residents, particularly the Hindus and Hindu-Canadians residing in the north American nation, are concerned about their well being.
Stating that Hindu Canadians are 'soft targets', Indian-origin MP Chandra Arya on Thursday urged the community to stay calm, vigilant and report incidents of Hinduphobia in the face of a recent video by a Khalistani leader threatening and asking them to leave the country.