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.
RCMP say the 17-year-old female was riding at the end of the Gun-a-Noot Trail south of the city when she crashed. Police say officers attended the scene, where paramedics and fire rescue were providing medical care.
A statement from Victoria police says 67-year-old Scott Graham was last seen in Madrid when he visited the Canadian Embassy in the Spanish capital on July 15. An active missing persons case is underway in Spain and Victoria police are matching those efforts by issuing their own appeal, in Spanish and English.
The warning from the national weather agency covers broad regions of southern Ontario, Nova Scotia, Alberta and B.C. Environment Canada says maximum temperatures are expected to reach or surpass 30 C and hit the low forties when combined with humidity.
The federal agency says it has approximately $1.4 billion worth of uncashed cheques in its coffers that have accumulated over the years, with some dating back to 1998. Each year, the CRA issues millions of payments in the form of benefits and refunds, but some cheques remain uncashed for various reasons, including misplacing a cheque or changing addresses.
Two seniors from Vancouver, a 71 year old man and 65 year old woman died on the spot. The driver of the pickup truck was taken to hospital with undetermined injuries. Impaired driving is suspected as a contributing cause to this collision.
The offences included a commercial break and enter in the 11000 block of Bridgeport Rd on January 30, 2022 and a commercial break and enter to a business in the 8000 block of Granville Ave on February 9, 2022.