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Housing market could rebound in 2024

Darpan News Desk The Canadian Press, 08 Jan, 2024 12:04 PM
  • Housing market could rebound in 2024

An economist says the Canadian housing market could be in for a rebound this year after a cautious 2023.

T-D Bank economist Rishi Sondhi says that optimism depends largely on the forecasts of the Bank of Canada cutting interest rates, which may begin as early as the second quarter.

Home prices softened in several areas late last year, including in the Fraser Valley.

Vancouver Realtor Tim Hill says he is optimistic of consumer sentiments slowly shifting as prices improve in recent months.

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B.C. approves health research centre construction at new St. Paul's Hospital

B.C. approves health research centre construction at new St. Paul's Hospital
British Columbia's provincial government is going ahead with the construction of a $638-million "state-of-the-art" research centre at the new St. Paul's Hospital in Vancouver. Premier David Eby said at a news conference after touring the construction site at the new hospital on Thursday that the province has approved the business plan and funding for the new research facility.

B.C. approves health research centre construction at new St. Paul's Hospital

Guilty plea from Vancouver hit and run suspect

Guilty plea from Vancouver hit and run suspect
A man charged in a fatal hit and run in Vancouver last year has pleaded guilty to criminal negligence causing death. Eoghan Byrne was killed on July 19th, 2022 in the Kitsilano neighbourhood in a collision that was captured on surveillance video.  

Guilty plea from Vancouver hit and run suspect

Hundreds of foreign-trained doctors boosting B.C. family medicine: Dix

Hundreds of foreign-trained doctors boosting B.C. family medicine: Dix
British Columbia Health Minister Adrian Dix says almost all of the 666 international medical graduates registered in the province this year are now working as doctors, with more than half in family medicine. Dix's comments come amid ongoing health-care woes including hospital overcrowding and many residents being left without a family doctor.

Hundreds of foreign-trained doctors boosting B.C. family medicine: Dix

Woman, 72, uses shovel to chase naked intruder from her Vancouver home, police say

Woman, 72, uses shovel to chase naked intruder from her Vancouver home, police say
Police say a 72-year-old woman used a shovel to chase a combative and naked man from her Vancouver home on Tuesday night. Vancouver police say in a statement the man entered the home by smashing a window with a pointed metal rod.

Woman, 72, uses shovel to chase naked intruder from her Vancouver home, police say

73-year-old man faces multiple charges after vehicle crashes through dollar store

73-year-old man faces multiple charges after vehicle crashes through dollar store
Mounties in Creston says a 73-year-old man faces multiple charges, including impaired driving, after a vehicle crashed through a dollar store on Monday morning. Police say damage to the store was significant after the vehicle drove through the front window of the Your Dollar Store with More. 

73-year-old man faces multiple charges after vehicle crashes through dollar store

Over 50 arrests in Kelowna retail theft

Over 50 arrests in Kelowna retail theft
Kelowna Mounties say an operation targeting shoplifters over a seven-day period this month resulted in more than 50 arrests. Police say the operation was in response to concerns from Kelowna's retail sector about theft and violence at stores.

Over 50 arrests in Kelowna retail theft