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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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U.S. Envoy Presses Netanyahu as Gaza Teeters on Famine and Ceasefire Talks Stall

 

                                                    Israel has eased aid restrictions in Gaza following international
                                                    condemnation and fears of famine.  

U.S. Special Envoy Steve Witkoff met with Israeli Prime Minister Benjamin Netanyahu on Thursday in a renewed push to revive stalled ceasefire negotiations and address the deepening humanitarian crisis in Gaza.

Witkoff’s visit comes as indirect talks between Israel and Hamas in Doha collapsed last week, with both sides blaming each other for the impasse. The key sticking points include the extent of Israeli military withdrawal and the release of hostages in exchange for Palestinian prisoners.

The humanitarian situation in Gaza has reached alarming levels. According to Gaza health officials, at least 156 people—mostly children—have died from starvation and malnutrition, with aid convoys facing peril from both Israeli forces and looters. In response to mounting global outrage, Israel announced a daily 10-hour pause in military operations to allow aid deliveries, though the UN has warned that the volume of aid remains “far from enough”.

Canada recently joined other Western nations in recognizing a Palestinian state, increasing diplomatic pressure on Israel to reach a resolution. Meanwhile, Netanyahu remains firm in his stance that the war will not end until Hamas relinquishes control of Gaza and disarms—a demand Hamas has rejected.

Witkoff is expected to visit aid distribution sites and continue diplomatic efforts, though prospects for a breakthrough remain uncertain.


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