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 the early morning hours on Sunday, August 14th, at 12:38 a.m., Surrey RCMP received a report of shots fired at a residence with a vehicle heard speeding away in the 2600-block of 176Street. Officers attended the scene of the shooting and spoke with a homeowner who located bullet holes in the exterior of their residence. No one was reported injured as a result of this shooting.
Taggar was last seen on the morning of July 17, 2022, in the family home and appeared to be in good health at the time. It is believed that she is without her wallet, cell phone, and ID. The family reports that this is very out of character and is concerned for her well-being.
The union, which represents about 33,000 public-service workers across B.C., issued strike notice Friday and is to be in a legal strike position by this afternoon. It says picket lines will go up at 3:30 p.m., outside liquor distribution centres in Delta, Richmond and Kamloops, as well as the wholesale customer centre in Victoria.
Frontline officers arrived on scene to find a 33-year-old man suffering from gunshot wounds. Police attempted life saving measures on the man until BC Ambulance Services arrived to continue; however, he was later pronounced dead.
The BC Wildfire Service website shows the fire has so far charred about 30 hectares, under half a kilometre square, along the route south of Cawston. The evacuation alert issued by the Regional District of Okanagan-Similkameen covers properties along the highway and Sumac Road, west of Richter Mountain.
Over the course of the COVID-19 pandemic wastewater detection became a key way to track the spread of the virus. Dr. Theresa Tam says the experts at the National Microbiology Lab have now discovered a promising approach to detect monkeypox in wastewater and will use the infrastructure developed during the pandemic look for it.