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GTA & Vancouver Home Sales Fell Again in August — What RBC's "Recovery" Call Actually Means for You

  September 6, 2026  •  Canadian Money Brief Fresh numbers out this week from the Toronto Regional Real Estate Board (TRREB) and Greater Vancouver Realtors (GVR) confirm what a lot of GTA and Metro Vancouver households already feel in their bones: the country's two biggest, most expensive housing markets are still shrinking on paper, even as the Bank of Canada holds rates and the trade war eats into everyone's confidence. At the same time, RBC Economics dropped a report calling this a market that's "finally taking steps" toward recovery. Those two things sound contradictory. They're not — but the gap between them is exactly where you need to be paying attention, whether you're a first-time buyer, a seller sitting on a listing, or a landlord watching your renewal math. What It Means for You: Prices are still down year-over-year in both cities, but the underlying supply picture — fewer new listings, tighter inventory — is the thing actually shifting. That...
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UN Demand for Gaza Ceasefire Sparks Tensions Between U.S. and Israel



In a historic move, the United Nations Security Council has issued its first demand for a ceasefire in Gaza during the Muslim holy month of Ramadan. This resolution, passed by a 14-0 vote, aims to halt the ongoing conflict between Israel and Hamas. However, it’s the U.S.'s decision to abstain from using its veto power that has ignited the strongest public clash between the allies since the war began.

The UN’s call for a ceasefire was met with mixed reactions. Israeli Prime Minister Benjamin Netanyahu swiftly canceled a planned high-level delegation visit to Washington in protest. The resolution not only demands a cessation of hostilities but also calls for the release of all hostages taken captive during Hamas’ surprise attack in southern Israel on October 7. Notably, the resolution does not explicitly link the release of hostages to the ceasefire during Ramadan, which concludes on April 9.

The U.S. decision to abstain from the vote has drawn criticism. Netanyahu accused the U.S. of “retreating” from its “principled position” by allowing the resolution to pass without conditioning the ceasefire on the release of hostages held by Hamas. White House national security spokesman John Kirby clarified that the abstention was due to the resolution’s failure to condemn Hamas.

This clash underscores the delicate balance between diplomacy, humanitarian concerns, and geopolitical alliances. As negotiations continue, the world watches closely, hoping for a peaceful resolution that preserves human lives and averts further suffering and destruction in the region.



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