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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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Israel Kills 25 Palestinians in Gaza Airstrikes Amid Fears of Wider War

 

On August 8, 2024, Israeli forces intensified their strikes across the Gaza Strip, resulting in the deaths of at least 25 people, according to Palestinian medics. The conflict escalated as Israel engaged in battle with Hamas-led militants, and there are growing concerns about the potential for a wider war in the region.

The airstrikes targeted various locations within Gaza. In central Gaza’s Al-Bureij camp, a cluster of houses was hit, resulting in the deaths of at least 15 people. Nearby Al-Nuseirat camp also experienced casualties, with four people killed. Both camps are considered strongholds of armed militants by Israel. Additionally, a house in the heart of Gaza City was bombed, resulting in the deaths of five Palestinians. Another airstrike in the southern city of Khan Younis killed one person and injured others.

Hamas and Islamic Jihad, the armed wings of Palestinian militant groups, responded by firing anti-tank rockets and mortar bombs at Israeli forces operating in Gaza. Israel’s military reported striking dozens of military targets across Gaza, including rocket launching pads.

Since the outbreak of the Gaza war in October of the previous year, at least 39,699 Palestinians have been killed, including 22 within the past 24 hours, with 91,722 injured. The Gaza health ministry does not differentiate between combatants and civilians in its death tolls.

As tensions persist, Israel is bracing for another attack, prompted by recent assassinations of Hamas leader Ismail Haniyeh in Tehran and Hezbollah military commander Fuad Shukr in Beirut. The conflict between Israel and Hezbollah along the northern border now poses a risk of escalating into an all-out regional war.

More Burials in Gaza

On the same day, dozens of Palestinians rushed to Nasser Hospital in Khan Younis to bid farewell to their slain relatives before carrying them away for burials. Relatives were seen moving the bodies of their loved ones in plastic bags, with names written on them, and holding special prayers before the funerals.

The situation remains tense, and the international community closely monitors developments in the region as fears of wider conflict persist.

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