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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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Meta’s AI Investment Causes Market Stir


In a bold move that sent shockwaves through the stock market, Meta Platforms Inc. announced plans to significantly increase its investment in artificial intelligence (AI) infrastructure. The Facebook and Instagram owner revealed that expenses for 2024 could soar as high as $40 billion, a figure that far exceeds market expectations.

Market Reaction Investors responded swiftly to the news, resulting in a staggering $200 billion loss in Meta’s market value within just a few hours. The company’s shares plummeted nearly 15%, as the market grappled with the implications of the tech giant’s aggressive spending strategy.

Long-Term Vision Despite the immediate financial impact, Meta’s leadership is focused on the long-term potential of AI. The company is betting big on the technology, hoping that the substantial investments will eventually translate into significant revenue growth.

Investor Concerns However, the announcement has raised concerns among investors about the timeline for these investments to bear fruit. With rising costs and an uncertain return on investment, there is growing skepticism about how long it will take for Meta’s AI initiatives to contribute positively to its bottom line.

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