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.
Environment Canada is maintaining heat warnings for most of B.C. and says 10 daily maximum temperature records were broken Wednesday as the province recorded the top dozen highest temperatures in Canada. At 42 C, Lytton was the hottest in the province and the country as the weather office says the village broke its previous record for the day of 40 C, set in 1939.
The World Health Organization declared the virus a public health emergency of international concern over the weekend. Tam, the chief public health officer, said there are 745 confirmed cases of the monkeypox reported in Canada and 99 per cent of those affected are men with a median age of 36.
Detectives in the VPD’s Organized Crime Section initiated Project Tint in May 2022 to target drug sales and distributions within a high-level organized crime group linked to the Lower Mainland gang conflict.
Kristen LeNoble says Todd also made a post on Facebook, asking people she was connected with to support her, and not judge her, as she feared her harasser was about to distribute a link depicting her in a sexual manner.
The hockey governing body has been under fire since it was revealed the money in its multimillion-dollar National Equity Fund — which had been reserved for uninsured payments including sexual assault and sexual abuse claims — comes from player fees.
The agency says people are still welcome to wear masks if they want, but mandatory masking and physical distancing were suspended as of Monday after consultation with medical and epidemiology experts.