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 U.N. health agency’s weekly review of the COVID-19 pandemic, WHO said there were 5.7 million new infections confirmed last week, marking a 6% increase. There were 9.800 deaths, roughly similar to the previous week’s figure.
Ottawa paused the random testing of vaccinated travellers entering Canada by air on June 11, while it worked on moving the tests themselves locations outside of airports. The government now says testing will resume as of July 19 for fully vaccinated travellers arriving at the Vancouver, Calgary, Montreal and Toronto airports.
"After a thorough and independent scientific review of the evidence, the department has determined that the vaccine is safe and effective at preventing COVID-19 in children between 6 months and 5 years of age," the department said in a statement.
In at least 44 per cent of the cases, benzodiazepine was detected, which the coroner says doesn't respond to naloxone and makes reversing an overdose very difficult. At least 940 people died from toxic drugs in B.C. between January and May, which is also a record number for the start of a calendar year.
First responders were called to a gravel lot near a vacant building on Norland Avenue near Laurel Street around 9:45 am on Thursday, July 14 after a member of the public found an adult male who was deceased. The victim had injuries consistent with foul play. Efforts are underway to identify the victim, but there are early indications it was a targeted incident.
Once complete, Fleming says it will take just 22 minutes to travel from Langley to King George station in Surrey, and just over an hour to get from Langley to downtown Vancouver. The province says in a release that work on the project, including utility relocations and road widening, is already underway and major construction is expected to begin in 2024.