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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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Wall Street braces for inflation data amid Fed uncertainty

Wall Street is set to open lower on Monday as investors await the latest inflation data and the Federal Reserve’s next move on interest rates.

The S&P 500 futures fell 0.5% and the Dow Jones Industrial Average futures dropped 0.4% ahead of the opening bell.

The main focus this week will be the government’s consumer prices report, due on Tuesday, which will show how much inflation has eased or worsened in February. Inflation has been a major concern for the markets, as it erodes the value of future earnings and could prompt the Fed to tighten monetary policy faster than expected.

The Fed has raised interest rates 11 times since March 2022, bringing its benchmark rate to a 23-year high of about 5.4%. The central bank has said it expects to cut rates three times in 2024, but has not given any clear signal on the timing of the first cut.

Fed Chair Jerome Powell testified to Congress last week, but did not offer any new insights into the Fed’s outlook or plans. Powell said the Fed would continue to monitor the economic data and act as appropriate to support the recovery.

Investors will also pay attention to other economic indicators this week, such as the producer prices index, the retail sales report, and the consumer sentiment survey.

Meanwhile, the earnings season is winding down, with a few notable companies left to report their results. Oracle, Kohl’s, Dollar Tree, and Dollar General are among the companies scheduled to release their quarterly numbers this week.

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