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.
It says police identified two robbery suspects and, during an altercation, an officer shot and killed a man. The authority says the second suspect was taken into custody and no one else was hurt.
Mayor Michael Behiel has proclaimed it “2017-18 Humboldt Broncos Day” and encouraged people to take a moment of silence as the bells echo around 4:50 p.m., the approximate time the crash occurred five years ago.
Mayor Ken Sim ordered the long-standing encampment removed after the city's police and fire chiefs warned of escalating crime and an unacceptable fire risk. At the camp's peak, about 180 structures covered the sidewalk along the busy street.
Drivers are reminded that the Pattullo Bridge between Surrey and New Westminster will be closed in both directions starting on Thursday, April 6, at 10 p.m. and reopening on Tuesday, April 11, at 5 a.m. Drivers should take the Port Mann or Alex Fraser bridges as alternate routes.
On March 3rd of last year police were contacted about allegations involving a man and a child victim whom the accused had initially met online, and later met in-person. On March 9th, following an extensive investigation, 39-year-old Adam Joseph Woolacott of Burnaby was charged with various sexual offences.
The man, who had unfortunately lost money to a so-called grandparent scam last summer, received a phone call from a person claiming to work for Burnaby RCMP Victim Services who said she could help him recover the lost funds. The scammer verbally provided the legitimate Burnaby RCMP Victim Services phone number to the senior as a callback number.