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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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Trump Loses Appeal in E. Jean Carroll Sex Abuse Case

In a significant legal development, former President Donald Trump has lost his appeal to overturn a jury verdict that found him liable for sexually abusing and defaming former magazine columnist E. Jean Carroll. The ruling by the Second U.S. Circuit Court of Appeals comes just a day after Trump hinted at seeking retribution against Carroll on his Truth Social account.

The jury in the May 2023 civil case awarded Carroll $5 million in damages after finding Trump liable for sexual abuse and defamatory remarks made in 2022. Trump's legal team argued that the judge should not have allowed testimony from two other women who accused Trump of sexual misconduct, nor should the infamous Access Hollywood tape have been included as evidence. However, the appeals court upheld the original verdict, stating that the evidence demonstrated a "repeated, idiosyncratic pattern of conduct".

Carroll's attorney, Roberta Kaplan, expressed satisfaction with the court's decision, emphasizing the importance of holding powerful individuals accountable for their actions. Trump, who has consistently denied the allegations, is also appealing a second trial verdict from January, which awarded Carroll an additional $83 million in damages.

This ruling marks another chapter in the ongoing legal battles faced by Trump, as he continues to navigate the repercussions of his actions during and after his presidency.

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