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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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Ramadan Begins: A Month of Reflection and Devotion

 

The Islamic holy month of Ramadan has officially begun, marked by the sighting of the crescent moon. This significant event in the Islamic calendar is observed by Muslims worldwide, who engage in a month-long period of fasting, prayer, and reflection.

Ramadan is the ninth month of the Islamic lunar calendar and is believed to be the time when the Quran was revealed to the Prophet Muhammad. During this month, Muslims fast from dawn to sunset, abstaining from food, drink, smoking, and sinful behavior. The fast is broken each evening with a meal called Iftar, which is often shared with family and friends

The start of Ramadan can vary depending on the sighting of the crescent moon, leading to different start dates in various countries. For instance, in Saudi Arabia, Ramadan began on March 1, while in other regions, it may start a day earlier or later.

Ramadan is a time for Muslims to strengthen their faith, practice self-discipline, and engage in acts of charity. It is also a period for increased prayer and recitation of the Quran. Many mosques offer special nightly prayers called Taraweeh, which are longer than the regular daily prayers.

As Muslims around the world embark on this sacred journey, the spirit of Ramadan fosters a sense of community, compassion, and spiritual growth. The month-long observance culminates in the celebration of Eid al-Fitr, a festive occasion marking the end of fasting and the beginning of a new month in the Islamic calendar.

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