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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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Trump Administration Reverses Controversial Visa Terminations

 

The Trump administration has reversed its abrupt decision to terminate the legal status of thousands of foreign students studying in the United States. This move follows intense scrutiny from courts and over 100 lawsuits filed by affected students. The terminations, which were linked to minor infractions or unclear reasons, had left many students fearing deportation and unable to continue their studies.

The Justice Department announced the reversal in federal court, stating that Immigration and Customs Enforcement (ICE) is developing a new policy for reviewing and terminating student visa records. Until this policy is finalized, the records of affected students will remain active or be reactivated. However, ICE retains the authority to terminate records for other reasons, such as unlawful activity.

This decision has brought relief to many students and universities, but uncertainty remains about the long-term implications and the scope of the reversal. The administration's initial move had sparked widespread panic and disrupted the lives of countless students, highlighting the challenges of navigating immigration policies in the U.S..

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