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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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Putin Apologizes for Azerbaijani Plane Crash Amid Rising Tensions

 

In a recent development, Russian President Vladimir Putin extended an apology to Azerbaijani President Ilham Aliyev following a tragic incident involving an Azerbaijani airliner. The plane, en route from Baku to Grozny, crashed in Kazakhstan while attempting an emergency landing, resulting in the loss of 38 lives.

The Kremlin's statement highlighted that the crash occurred amid Ukrainian drone attacks, which led to Russian air defense systems being active in the area. However, the statement stopped short of directly attributing the crash to these defense systems. Survivors reported hearing loud noises before the crash, suggesting possible external interference.

This incident has further strained relations in the region, with both U.S. and Azerbaijani officials hinting at the involvement of an external weapon. Putin's apology, while significant, leaves many questions unanswered as investigations continue.

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