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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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Israeli Tanks Advance in Rafah, Forcing Residents to Flee Again

 

In a distressing escalation of violence, Israeli tanks, backed by warplanes and drones, have penetrated deeper into the western part of the Gaza Strip city of Rafah. According to residents and Palestinian medics, eight people lost their lives in this latest incursion. The tanks moved into five neighborhoods after midnight, leaving a trail of destruction and panic among the population.

The Al-Mawasi area, further west of the coastal enclave, bore the brunt of heavy shelling and gunfire. Displaced Palestinians, who had already fled their homes due to previous Israeli strikes, sought refuge in tent camps. However, even these temporary shelters were not spared as bullets and shells rained down on them.

Despite international efforts to mediate a ceasefire, the conflict persists. Israel’s stated goal of wiping out Hamas and freeing Israeli hostages remains unmet, while Gaza continues to suffer. The Rafah crossing, the primary link for most of Gaza’s population with the outside world, lies in ruins, its buildings burnt, and Israeli tanks now positioned there.

As the situation remains dire, the world watches, hoping for an end to the violence and a path toward peace. But for now, the people of Rafah face another night of horror, caught in the crossfire of a seemingly unending conflict.

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