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.
28-year-old Manveer Singh Dhesi, who is known to reside in Surrey but spend time in Burnaby, is wanted in relation to several charges including assault, uttering threats, and mischief. Burnaby RCMP is appealing for tips on his whereabouts as investigators work to locate him.
Police say the stabbing happened Sunday after a brief altercation between two men outside the coffee shop in the city's downtown core. 32 year old Inderdeep Singh Gosal is accused of second-degree murder.
Attorney General Niki Sharma says amendments she introduced in B.C.'s legislature will clarify the law around pets, property and pensions for couples and families going through a separation or divorce.
The Vancouver Board of Parks and Recreation wants the public to report a nest sighting so staff can replace the eggs with ones that have been frozen to help control the population. Vancouver is an ideal habitat for the birds, with few natural predators and plenty of newly seeded fields and lawns.
Tribunal adjudicator Sonya Pighin says brothers Inderjit and Avninder Dhillon used a caste-based slur against Bhangu during the brawl at the B.C. firm's 2018 party, and ordered that they pay him $9,755 in compensation.
Ravi Kahlon, who announced the new initiative at an afternoon news conference alongside Vancouver Mayor Ken Sim, said there are currently about 117 people living on East Hastings Street, 70 of whom have expressed a desire for housing.