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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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Massive Airstrike Plunges Ukrainian Cities Into Darkness

 

                                            The site of a Russian drone and missile strike in Kyiv


A large-scale Russian air attack has left tens of thousands of Ukrainians without power, heat, or water after missiles and drones struck critical energy infrastructure across multiple regions. The overnight barrage targeted major cities including Kyiv, Dnipro, and Odesa, overwhelming repair crews and deepening the country’s winter hardships.

In the capital, thousands of apartment buildings temporarily lost heating, and widespread electricity outages disrupted daily life. Local officials reported injuries and damage to residential areas as emergency teams worked through the night to contain fires and restore essential services.

The strike is part of a renewed campaign aimed at crippling Ukraine’s energy grid during the coldest months of the year. With temperatures dropping and infrastructure repeatedly hit, many residents have turned to emergency shelters and backup heating points to stay warm.

Despite the scale of the attack, Ukrainian air defenses intercepted a significant portion of the incoming weapons, preventing even greater destruction. Repair crews continue to work around the clock to restore power and stabilize the grid as the country braces for further assaults.

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