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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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Escalating Tensions: Israeli Airstrike Hits Gaza Hospital, Killing Five

 

In a tragic incident, an Israeli airstrike targeted a tent within the Al-Aqsa Hospital compound in central Gaza, resulting in the deaths of at least five people. This strike, which occurred on Sunday, also left 18 others wounded and brought the total number of Palestinians killed that day to 19.

The Israeli military stated that the airstrike was aimed at a militant involved in terror activities, and secondary explosions indicated the presence of weaponry in the area. The hospital compound, located in the Deir Al-Balah area, is currently sheltering thousands of people displaced by ongoing conflicts.

This incident follows a series of failed diplomatic efforts in Cairo, where talks aimed at negotiating a ceasefire between Israel and Hamas ended without progress. The situation remains tense, with both sides bracing for further escalation.


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