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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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Israel Strikes Iran with Supersonic ‘Rampage’ Missile

 

In a recent military operation, Israel reportedly used a powerful supersonic missile called “The Rampage” to strike Iran. The attack targeted a military base near the Iranian city of Isfahan. Here are the key details:

  1. The Rampage Missile:

    • The missile used in the alleged Israeli attack is a locally-developed air-to-surface weapon known as “The Rampage.”
    • Manufactured by Israeli Military Industries Systems and Israel Aerospace Industries, this 4.7-meter (15-foot) rocket weighs over half a ton.
    • Designed to penetrate and destroy protected areas, such as bunkers, The Rampage poses a significant threat to ground targets.

  2. Supersonic Speed:

    • The Rampage missile can travel at supersonic speed, making it difficult to detect and intercept using air defense systems like the Iron Dome.
    • Its high velocity enhances its effectiveness in striking military bases and other strategic locations.

  3. Escaping Radar Detection:

    • The missile’s advanced technology allows it to evade Iran’s radar systems, as demonstrated in the recent attack near the Natanz nuclear site.
    • Israeli officials have suggested that this move was “calibrated to make Iran think twice” before launching another direct attack on Israel.

While Israel has not officially commented on the strike, the use of The Rampage missile underscores the escalating tensions between Israel and Iran. As the situation continues to evolve, the international community closely monitors developments in the region.

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