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.
Parts of eastern B-C are under a snowfall warning with some areas forecast to get as much as 15-centimetres today. Environment Canada says the Elk Valley area near Fernie, as well as Highway 3 between Grand Forks and Creston, may get enough snow to hamper visibility in the wake of a cold front in the region.
Mission R-C-M-P say a shooting at a supermarket parking lot has sent one man to hospital with serious injuries. Police say officers responded to a report of shots fired at around 7:30 p-m Wednesday and found a man with multiple gunshot wounds inside a parked vehicle.
Mounties in Langley are asking for the public’s help with dashcam footage after a woman died after a crash next to the Greater Vancouver Zoo. R-C-M-P say the initial investigation suggests a driver of a pickup truck stopped in the northbound lane of a street, waiting to turn left.
The Ministry of Public Safety and Solicitor General says it is launching an investigation into how a sensitive law enforcement document was leaked on social media. A statement from the ministry says Abbotsford police and the province’s anti-gang agency have become aware of a sensitive law enforcement intelligence document being put on a social media site last month.
The mother of B.C. teenager Amanda Todd, who was bullied into suicide by a Dutch national, says she'll be "so angry" if a court in Amsterdam doesn't give him significant extra jail time on the basis of his Canadian conviction last year. Judges at the Amsterdam District Court said earlier today they would rule in two weeks on the conversion of the 13-year sentence for Aydin Coban, who was convicted of the extortion and harassment of Amanda.
In Israel, women's organizations have been calling on the international community to speak out, and the government has recently criticized foreign governments for not doing so. Yet police in Israel are still investigating what happened two months ago, after officials prioritized identifying bodies instead of preserving evidence, according to The Associated Press.