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Housing Market Outlook 2026: Prices Stabilizing, Demand Still Weak

  If you've been watching the Canadian housing market and waiting for a clear signal — up, down, or sideways — welcome to 2026, where the answer is stubbornly "sideways." Prices have stopped falling in most regions, but they're not exactly rallying either. Meanwhile, the buyers who were supposed to flood back after rate cuts? Still sitting on the fence. Here's what the data says and what it means for your wallet. 📊 Quick Stats — April 2026 National average home price: $695,412 (+2.2% year-over-year) National benchmark price (MLS HPI): $666,400 (-4.2% year-over-year) Months of inventory: 5.2 (balanced territory) GTA average price: $1,051,969 (-4.9% year-over-year) Bank of Canada policy rate: 2.25% (held steady) 📉 Why Are Prices "Stabilizing" But Not Recovering? Canada's housing market entered 2026 caught between two opposing forces. On one side, the Bank of Canada cut its policy rate from a peak of 5.0% all the way down to 2.25%, which should ...

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France and Belgium Support ICC Request for Arrest Warrants of Israel and Hamas Leaders

 

In a significant development, France and Belgium have publicly backed the International Criminal Court’s (ICC) request for arrest warrants for leaders of Israel and Hamas. The ICC’s chief prosecutor, Karim Khan, accused Israeli Prime Minister Benjamin Netanyahu, Defense Minister Yoav Gallant, and three Hamas leaders—Yehya Sinwar, Mohammed Deif, and Ismail Haniyeh—of war crimes and crimes against humanity in the Gaza Strip and Israel.

While Netanyahu and Gallant are not currently facing imminent arrest, this announcement serves as a symbolic blow that deepens Israel’s isolation over the war in Gaza. The ongoing conflict has resulted in significant casualties, with at least 35,000 Palestinians losing their lives, and around 80% of the population—2.3 million Palestinians—being displaced within the territory.

The ICC’s decision to seek arrest warrants has drawn strong reactions. Netanyahu condemned it as “a moral outrage of historic proportions” while the court’s panel of three judges will now decide whether to issue the warrants and proceed with a case.

This development underscores the gravity of the situation and highlights the complex geopolitical dynamics surrounding the Israel-Hamas conflict. As the world watches, the ICC’s pursuit of justice remains a critical step in addressing alleged war crimes committed during the conflict.

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