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Canada's Housing Market Just Showed Its Strongest Sign of Life in 2026

  July 6, 2026 May sales jumped 5.5% nationally, listings tightened, and prices broke back above $700,000 — here's what it actually means if you're buying or selling in Ontario. The headline: After the slowest start to a year in recent memory, Canadian home sales rose 5.5% from April to May 2026 — the first real sign of momentum this year, according to the Canadian Real Estate Association (CREA). What actually happened in May National home sales climbed 5.5% month-over-month in May, the strongest single-month gain of 2026 so far. New listings pulled back slightly, down 1%, and that combination tightened the national sales-to-new-listings ratio to 49.2%, up from 46.2% in April. For context, anything between 45% and 65% is generally considered a balanced market, so Canada has moved off the buyer-friendly end of that range and toward the middle. The national average home price came in at $702,079, up 1.5% year-over-year and the first time it has topped $700,000 in nearly two year...
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Another Winning Week for Wall Street: Records Keep Rolling In


Wall Street wrapped up yet another triumphant week, with U.S. stocks surging to new heights. The S&P 500 climbed 0.5% to 5,096.27, surpassing its own record set just last week. Meanwhile, the Nasdaq composite led the charge, boasting a remarkable gain of 0.9% to reach 38,996.39, eclipsing its previous all-time high from 2021.

Market Highlights:

  1. Dell Technologies Soars: Dell Technologies stole the spotlight, rocketing an impressive 31.6%. The company reported robust profits and revenue for the latest quarter, outperforming expectations.

  2. Tokyo’s Nikkei 225 Sets Records: Japanese stocks continued their meteoric rise, with Tokyo’s Nikkei 225 surging 1.9% to close at 39,940.00. This index recently surpassed its 1989 peak, marking a significant milestone in Japan’s financial history.

  3. Global Economic Outlook: While Japan’s unemployment rate dipped to 2.4% in January, the purchasing managers index for manufacturing activity signaled subdued demand both domestically and internationally. Investors are eagerly awaiting China’s National People’s Congress next week, where economic revitalization policies will take center stage.

  4. Asia’s Resilience: Asian markets remained resilient. Hong Kong’s Hang Seng edged up 0.3%, and China’s Shanghai Composite added 0.3%. Australia’s S&P/ASX 200 advanced 0.6%, while Korea’s market remained closed for a holiday.

  5. Wall Street’s Winning Streak: The Dow Jones Industrial Average finished just below its previous record, rising 0.1% to 38,996.39. Wall Street’s unwavering momentum continues, with the S&P 500 celebrating its 16th winning week in the last 18.

As the bull market charges ahead, investors remain cautiously optimistic. Will this winning streak persist? Only time will tell, but for now, Wall Street revels in its record-breaking achievements. 

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