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.
Search and rescue crews were notified when the victims were reported overdue and their bodies were later recovered from the scene of the avalanche. Avalanche Canada says the area of the slide was highly wind-affected, leaving some parts of the slope thin and rocky, while other sections had up to 130 centimetres of snow.
It's the largest one-year drop in the rate since 2000, but one in eight children were still living in poverty, and the report says rates were "dramatically higher" among children living on First Nation reserves and those who recently immigrated.
The federal government has offered to match up to $10 million in donations to the Canadian Red Cross for their partners on the ground to help people who are suddenly homeless. Conservative, Bloc Québécois and New Democrat MPs want to see that expanded to include other groups, an idea that is supported by at least one Liberal MP, Sameer Zuberi.
Saad Zora says his twin sister Samar was found earlier today by searchers as an excavator dug through pieces of a five-storey building in the city of Antakya. He said, "Samar was found," and added, "she didn't make it."
Three separate objects were blown out of the sky in as many days over the weekend, a flurry of close encounters that followed what U.S. officials say was a Chinese surveillance balloon that floated across the continent two weeks ago.
The proposal to hear from the grocery leaders came from NDP MP Alistair MacGregor, and it received unanimous support from Liberal, Conservative and Bloc Québécois MPs. Executives from all three companies, as well as Save-On-Foods, have testified at past committee meetings focused on the rising cost of food — but not their CEOs.