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.
In July, Canada dodged what was potentially an even bigger blow when the U.S. broadened a policy that would have significantly advantaged the sale of American-made electric vehicles to instead include its NAFTA partners.
When officers arrived, they found an unresponsive man with gunshot wounds, who later died in hospital. The Integrated Homicide Investigation Team (IHIT) has been deployed, and is working with Chilliwack RCMP.
Officers arrived and located a woman suffering from injuries that appeared to be the result of a stabbing. Police and BC Ambulance Service immediately began lifesaving measures but the woman was later pronounced deceased on scene.
Following the incident, an arrest warrant was issued for Singh, and he was arrested late last month. Singh has been charged with 12 offences, including theft of a motor vehicle, possession of stolen property and flight from a police officer.
The suspects fled in the stolen vehicle after there was an exchange of gunfire with responding officers. Neither the suspects or responding officers were shot. It is unknown at this time if the outstanding suspects were injured.
In October, VPD investigators executed multiple search warrants, seizing 72 kilograms of the fake, fentanyl-laced pills, along with 16.5 kilograms of cocaine, 88 kilograms of cutting agents, methamphetamine, MDMA, and benzodiazepine.