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.
Police were called to King George Blvd near 72 Ave at about 9 p.m. Sunday. Officers say a silver sedan heading south on King George struck a woman who was crossing the street between intersections.
The federal government's air quality index shows areas with the highest levels of potentially dangerous wood smoke include Cranbrook and Castelgar in southeastern B.C., the eastern Fraser Valley and the communities of Whistler and Squamish.
Kamleshbhai Manek was last seen on August 28, 2022 at 9:30 a.m., near the 13300 block of Old Yale Road in Surrey. Police are concerned for Kamleshbhai’s wellbeing as he has not made contact with his usual family/friends/ associates. Kamleshbhai is described as a 65-year-old South Asian male, 5’8”, 254 lbs with black hair and brown eyes.
The suspect claimed that the woman’s grand daughter was arrested by police and needed $9000 to be released on bail. The fraudster then came to the victims’ home and picked up the money. In this incident, the suspect is described as a Caucasian woman between the ages of 20-30, 5’10 tall, long brown hair, slim build, wearing gold hoop earrings, a white top, tattoos on her left forearm, and having an accent.
The Heritage Department says the national ceremony will start with a memorial parade composed of Canadian Armed Forces members and RCMP officers along with a 96-gun salute — one for each year of her life — and a CF-18 flypast.
Parmod Chhabra, the president of the India Canada Association, says he respected the Queen but blames the British Empire for many deaths in India when it ruled that country. Monir Hossain, the president of national Bangladeshi-Canadian Council, says the Queen made a "tremendous" contribution to the modern world but he criticizes the British Empire for colonizing Bangladesh.