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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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Nepal Appoints First Female Interim Prime Minister Amid Turmoil, Sets March 2026 Elections

 

Newly sworn-in interim Prime Minister, Sushila Karki, arrives at a hospital to meet the victims of Monday’s deadly anti-corruption protests, in Kathmandu.

Nepal has entered a new political chapter after President Ramchandra Paudel dissolved parliament and scheduled fresh elections for March 5, 2026, following a week of violent unrest that left at least 51 people dead.

The upheaval, driven largely by Gen Z-led anti-corruption protests, began over a controversial social media ban but quickly evolved into a broader movement against political nepotism and economic inequality. Demonstrators set fire to government buildings, including parliament, and forced Prime Minister K.P. Sharma Oli to resign on September 9.

In a historic move, former Chief Justice Sushila Karki, 73, was sworn in as Nepal’s first woman prime minister to lead an interim government. Known for her strong anti-corruption stance during her tenure as chief justice, Karki’s appointment came after intense negotiations between the president, army chief, and protest leaders.

The military, which imposed a strict curfew during the unrest, has begun easing restrictions as the capital, Kathmandu, shows signs of returning to normalcy. However, political uncertainty remains high, with critics calling the dissolution of parliament “unconstitutional” and warning of further instability before the March polls.


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