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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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Karachi Mall Inferno Leaves Dozens Missing and a City in Mourning

Emergency personnel search for survivors, following a massive fire that broke out in the Gul Plaza Shopping Mall in Karachi, Pakistan.

A massive fire at Karachi’s Gul Plaza shopping mall has left at least 19 people dead and dozens more missing, plunging the city into shock as rescue teams continue searching through the burned structure. The blaze erupted over the weekend, rapidly engulfing the multi‑storey building that housed hundreds of small shops and stalls.

Firefighters battled the flames for more than a day before gaining control, but large sections of the mall collapsed or were left dangerously unstable. Rescue workers have been combing through the debris, recovering bodies and searching for survivors as anxious families wait outside for news of loved ones.

Authorities warn that the death toll may rise, with many victims still unaccounted for and several remains requiring DNA testing for identification. The incident has sparked public anger over emergency response times and raised renewed concerns about fire safety standards in commercial buildings across the city.

Investigators are working to determine the cause of the blaze, while rescue operations continue amid grief, frustration, and growing calls for accountability.


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