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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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Poilievre says Trudeau soured India relations, cites Sikh 'aggression' toward envoys

Poilievre says Trudeau soured India relations, cites Sikh 'aggression' toward envoys
Trudeau announced in the House of Commons last month that Canadian intelligence services are investigating "credible" information about "a potential link" between India's government and the killing of Sikh leader Hardeep Singh Nijjar in British Columbia.

Poilievre says Trudeau soured India relations, cites Sikh 'aggression' toward envoys

1 in hospital in Burnaby crash

1 in hospital in Burnaby crash
Mounties in Burnaby are looking for witnesses or dash cam footage after a crash this weekend sent one person to the hospital. They say the crash happened around 3 a-m Sunday on Willingdon Avenue near Still Creek Drive, and involved a black Mercedes with three travellers and a red Hyundai SUV with two occupants.

1 in hospital in Burnaby crash

Environment Canada says first snowfall of the season expected in B.C.

Environment Canada says first snowfall of the season expected in B.C.
Drivers are being warned that some mountain passes in southeastern British Columbia are expected to get the first snowfall of the season this week. Environment Canada has issued a special weather statement, saying a slow-moving arctic front is expected in the Columbia and Kootenay region.

Environment Canada says first snowfall of the season expected in B.C.

Wine in select grocery stores

Wine in select grocery stores
Vancouver's city council has approved bylaw amendments to allow the sale of wine on shelves in certain grocery stores. Mayor Ken Sim says in a statement the decision will make shopping more convenient and support British Columbia's wine industry.

Wine in select grocery stores

Arrest in fatal shooting: VPD

Arrest in fatal shooting: VPD
VPD officers responded when two men were shot near Victoria Drive and East 28 Avenue on September 10 just after midnight. Both men were taken to hospital for serious injuries. Zuhoruddin Mansoori, 35, died on Monday morning from his injuries. The second victim is recovering. VPD homicide detectives arrested one man on October 18.

Arrest in fatal shooting: VPD

3.5M for 111th Grey Cup: BC Gov

3.5M for 111th Grey Cup: BC Gov
B-C is providing 3.5-million-dollars for a six-day fan festival during the 111th Grey Cup in Vancouver next year.  Tourism Minister Lana Popham says hosting the Grey Cup will showcase B-C as a prime destination for tourism and sport hosting.   

3.5M for 111th Grey Cup: BC Gov