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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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Shutdown Stalemate: Blame Game Erupts as Parks and Museums Close

 

Vice President JD Vance, gestures as he stands with White House press secretary Karoline Leavitt, right, while speaking with reporters in the James Brady Press Briefing Room at the White House, Wednesday, Oct. 1, 2025, in Washington.


The U.S. government officially shut down at midnight on October 1 after lawmakers failed to reach a funding agreement, triggering the closure of national parks, museums, and other federal tourist attractions.

On the first day of the shutdown, both Republicans and Democrats wasted no time pointing fingers. The White House accused Democrats of forcing the crisis by demanding health care provisions in the budget, while Democratic leaders countered that Republicans and President Donald Trump refused to compromise on Medicaid cuts and the extension of health care subsidies.

The fallout was immediate: hundreds of thousands of federal workers faced furloughs, while essential employees continued without pay. Visitors arriving at landmarks such as the Smithsonian museums and national parks were met with locked gates and “closed” signs, a visible reminder of the political deadlock.

With no resolution in sight, analysts warn that the longer the shutdown drags on, the greater the economic and social toll will be — from delayed federal services to strained local economies that rely on tourism.


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