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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 Opens Higher as Earnings Drive Investor Optimism

 


Markets Edge Up Amid Mixed Earnings and Trade Jitters

U.S. stock futures rose modestly Wednesday morning, signaling cautious optimism as investors digested a fresh wave of corporate earnings and looming trade policy shifts. Futures tied to the Dow Jones Industrial Average climbed 0.5%, the S&P 500 gained 0.4%, and the tech-heavy Nasdaq 100 edged up 0.3%.

Earnings in Focus

  • Advanced Micro Devices (AMD) posted mixed results, citing strong AI demand but facing headwinds from shifting U.S. chip export policies. Its shares fell 5% pre-market due to margin pressure and uncertain guidance.
  • Super Micro (SMCI) also disappointed, with an earnings miss highlighting intensifying competition in the AI server space.
  • Palantir (PLTR) defied the trend, surging 7.85% post-earnings and maintaining momentum. Analysts are bullish on its long-term AI potential, with Wedbush projecting a possible trillion-dollar valuation in coming years.

EV Sector Struggles

Electric vehicle makers Rivian (RIVN) and Lucid (LCID) warned that the expiration of EV tax credits could dampen future sales. Both stocks tumbled in response.

Trade Tensions and Economic Data

President Trump’s escalating trade threats—particularly around chip sales to China—added uncertainty. Meanwhile, new data showed the U.S. services sector unexpectedly flatlined, raising concerns about economic momentum.

Looking Ahead

Investors are now eyeing earnings from Disney (DIS) and McDonald’s (MCD), set to report later today. With a potential Fed rate cut on the horizon, momentum stocks could see further upside.


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