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.
The driver of the white GMC Savana van involved in the collision remained at the scene and was cooperative with police. The injured female pedestrian, a 57-year old Chinese national, received significant, life threatening injuries and remains in hospital at this time.
Union president Grand Chief Stewart Phillip says passage of the B.C. Declaration on the Rights of Indigenous Peoples Act in 2019 would not have been possible without Horgan's leadership.
Aryan is described as a South Asian youth male, 14 years old, 6 ft tall, weighing 135 lbs with black hair and black eyes. He was last seen wearing a grey jacket and grey pants.
The suspect was arrested shortly after noon near Hwy 1 on the Clearbook Rd exit in Abbotsford. The two victims were transported by ambulance to a local area hospital. Both have non-life threatening injuries.
Jongwon Ham appeared virtually in court on Wednesday after a significant delay wearing a red shirt, a beard and his black hair reached past his shoulders. Ham was ordered remanded until Nov. 24 while he worked on getting a lawyer. The 37-year-old has been charged with first-degree murder in the death of RCMP Const. Shaelyn Yang.
The incident happened on October 27 at around 7:30 p.m., after security for Hotel Georgia asked the suspect, who was loitering in the breezeway of the hotel, to leave the area. The suspect pulled a knife from his jacket and approached the security guard.