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 are asking anyone who witnessed a male exposing himself in the 1400 block of Parkway Boulevard, Coquitlam, to call the Coquitlam RCMP and help police with their investigation.
3 kilograms of Opioids and 7.4 kilograms of Methamphetamine were seized from within the residence. At this time, no arrests have been made. The investigation is in its early stages, with drug trafficking & production charges forthcoming.
Trudeau said housing prices are rising across the country, and many Canadians are worried about being able to afford a place to live, whether they're renting or looking to buy a home.
Prime Minister Justin Trudeau is getting ready to shuffle his cabinet on Wednesday, according to multiple sources with knowledge of the plan. They confirmed to The Canadian Press that the Liberal front bench will get a slight makeover to account for one minister who has asked for lighter cabinet duties for personal reasons.
A statement from the B.C. General Employees' Union says its bargaining committee returned to the bargaining table with the province's public service agency last Thursday and they've made "significant progress" towards a tentative agreement.
Finance Minister Selina Robinson says the province's economy in 2021-22 outperformed both public and private sector predictions. The April 2021 budget, delivered during some of the darkest days of the COVID-19 pandemic, originally forecast a deficit of $9.7 billion, but revenues improved throughout the year.