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.
VPD homicide investigators believe victim Zane Ponecappo, 29, was stabbed during a confrontation near Columbia Street and East Hastings around 5 p.m. on July 9. He collapsed nearby and was taken to hospital, but died Thursday evening.
The eight-country study included 1,884 kids aged 17 and younger who went to an emergency department with COVID-19 and had 90-day followups. Long-term COVID-19 was found in nearly 10 per cent of children who were admitted to hospital and five per cent of children who were seen in an emergency department and discharged.
The current heat wave is expected to last for several days, with cooler weather expected to finally arrive Sunday evening. On the West Coast, British Columbia's Public Safety Ministry has warned of potential heat warnings beginning as early as Saturday and continuing into next week.
Early indications are that this incident stemmed from an altercation that preceded the stabbing. Police are working to identify all parties involved, including possible suspects and will be continuing with canvassing in the area, looking for CCTV footage are anyone with dash cam.
Gurdeep is described as a 46 year-old South Asian male, 5’8” tall, 135 lbs, short hair and brown eyes. Gurdeep was last seen wearing a grey hoodie, grey pants and black sandals. Police and family are concerned for Gurdeep’s wellbeing as they have not been able to make contact with him.
A statement from police says Rabih Alkhalil, who also uses the first name of Robby, escaped from the North Fraser Pre-trial Centre in Port Coquitlam shortly before 7 p.m. Thursday. Alkhalil is one of three men charged with the murder of 36-year-old Sandip Duhre, who was shot while sitting in a busy downtown Vancouver restaurant in January 2012.