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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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Khamenei Declares Defiance as Trump Eyes Renewed Talks

In his first public address since a ceasefire ended a 12-day war with Israel, Iran’s Supreme Leader Ayatollah Ali Khamenei delivered a blistering speech on Thursday, warning the United States against further aggression and declaring Iran’s military response a “slap to America’s face”.

Speaking in a prerecorded video aired on state television, the 86-year-old leader appeared visibly fatigued but resolute. He downplayed the impact of recent U.S. strikes on Iranian nuclear sites, calling President Donald Trump’s claims of obliteration “exaggerated”. Khamenei asserted that Iran had emerged victorious and reiterated that any future attacks would be met with severe retaliation.

Meanwhile, President Trump confirmed that diplomatic channels remain open, stating that talks between U.S. and Iranian officials are expected to resume next week. However, Tehran has not publicly acknowledged any such plans.

The speech marked Khamenei’s first appearance since reportedly taking shelter during the conflict. As Iran begins to reopen its airspace and return to normalcy, tensions remain high, with both sides trading warnings even as diplomacy looms on the horizon.

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