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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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Fed Shockwaves Send Markets Lower as Metals Tumble

 

U.S. stocks finished a volatile week in the red as the Dow, S&P 500, and Nasdaq all slipped on Friday, reflecting renewed anxiety across financial markets. The downturn followed President Trump’s decision to tap former Federal Reserve governor Kevin Warsh as his preferred choice to lead the central bank — a move that immediately stirred debate about the future path of interest rates.

Warsh has historically leaned hawkish, though he has more recently echoed Trump’s calls for rate cuts. That mixed record left investors uncertain about how aggressively the Fed might act under his leadership, especially at a time when inflation pressures and uneven economic data continue to shape the outlook. The dollar strengthened on expectations of a more assertive Fed stance, adding further weight to commodities.

Metals saw some of the sharpest fallout. Gold, which had surged earlier in the month, dropped sharply and broke below a key psychological threshold. Silver also suffered a steep decline, falling roughly a quarter in one session — one of its most dramatic pullbacks in years.

Despite Friday’s slump, the broader month wasn’t uniformly negative. The S&P 500 managed to eke out a small weekly gain, even as tech weakness dragged on the Nasdaq and the Dow logged its third straight losing week. As February approaches, investors are turning their attention to earnings, economic releases, and the potential policy shifts that could accompany a Warsh-led Federal Reserve.













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