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.
Flood warnings, watches or high streamflow advisories cover much of southern B.C. and Environment Canada said Fernie would be the centre of a rainstorm bringing 50 to 80 millimetres before it tapered to showers Tuesday.
Shortly before 7:30 a.m. on Monday June 13, 2022, frontline Richmond RCMP officers responded to the Massey Tunnel after multiple reports of people on foot blocking traffic in both north and south directions. Three people were found sitting on Highway 99 while a fourth person was perched on a platform ladder.
Victim taken to hospital and expected to recover. The suspect is a 46-year-old man who is known to police.
The service oversees the inventory from which blood and blood products are regularly shifted around the country to meet hospital and patient needs. About 400,000 Canadians give blood on a regular basis.
Trudeau said he will be following public health guidelines and isolating. He was scheduled to appear at a garden party for Liberal party donors in Ottawa on Monday evening.
The government previously said current public health measures would remain in place until the end of June, but has been facing mounting pressure from industry and opposition to improve the chaotic situation playing out in Canada's airports.