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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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Ceasefire Deal in Gaza: Hostages Freed and Prisoners Released


In a significant development in the Middle East, Hamas has released three hostages as part of a ceasefire deal with Israel. The hostages, Yarden Bibas, Ofer Kalderon, and Keith Siegel, were handed over to the Red Cross in the southern Gaza Strip. This release is part of the fourth round of exchanges under the ceasefire agreement, which also saw Israel releasing dozens of Palestinian prisoners.

The ceasefire, which began six weeks ago, aims to release a total of 33 hostages and nearly 2,000 prisoners, as well as facilitate the return of Palestinians to northern Gaza and increase humanitarian aid to the devastated territory. The next phase of negotiations will focus on releasing the remaining hostages and extending the truce indefinitely.

The Rafah border crossing with Egypt has also reopened, allowing thousands of Palestinians in need of medical care to access treatment. This development signals that the ceasefire agreement is gaining traction, although the situation remains fragile.

As negotiations continue, the hope is that this ceasefire will pave the way for a lasting peace in the region.



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