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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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Wall Street Holds Steady as Target Earnings and Fed Minutes Take Center Stage

 

U.S. stock futures were little changed Wednesday morning, pausing after a volatile stretch for technology shares as investors digested fresh retail earnings and awaited key signals from the Federal Reserve.

The Dow Jones Industrial Average and S&P 500 hovered just below the flat line, while Nasdaq 100 futures slipped slightly following Tuesday’s tech-led selloff. Target’s quarterly results — which beat profit expectations but revealed ongoing pressure from tariffs and cautious consumer spending — sent its shares down 10% in premarket trading. The retailer also announced Michael Fiddelke will succeed Brian Cornell as CEO in 2026.

Lowe’s stock rose after lifting its 2025 forecast, offering a bright spot in the retail sector ahead of Walmart’s earnings on Thursday.

Market attention now turns to the release of the Fed’s July meeting minutes, expected to shed light on policymakers’ thinking around potential interest rate cuts. The report will serve as a prelude to Chair Jerome Powell’s speech at the Jackson Hole symposium on Friday, where investors hope to gain clarity on the central bank’s path amid a cooling labor market and persistent inflation pressures.

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