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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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Israel Expands Evacuation Orders Following Deadly Strike on Gaza School Shelter

 

Increased Evacuations in Gaza: The Israeli military has broadened its evacuation orders in southern Gaza after a deadly airstrike on a school-turned-shelter in the north. The strike resulted in the deaths of at least 80 Palestinians, according to local health authorities.

Targeting Militants: Israel stated that the airstrike targeted a militant command post, killing at least 19 fighters. The military has accused Hamas and other militants of using civilian areas to launch attacks.

Humanitarian Crisis: The ongoing conflict has displaced the vast majority of Gaza’s 2.3 million residents, many of whom have sought refuge in overcrowded shelters and tent camps.

Continued Conflict: The war, which began 10 months ago, has led to significant destruction and a staggering humanitarian crisis in Gaza. The Palestinian death toll is nearing 40,000.

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