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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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Britain Stands Firm as Starmer Rejects Wider Iran Conflict

 

Ground crew members work on munitions, at RAF Fairford airbase, which is used by USAF personnel, in Fairford, Gloucestershire.


Prime Minister Keir Starmer has firmly stated that the United Kingdom will not join a broader war in Iran, even as tensions in the region continue to rise. Speaking in London, Starmer emphasized that Britain’s focus is on working with international partners to develop a “viable collective plan” to reopen the strategically vital Strait of Hormuz—an effort he acknowledged will be challenging. 

The strait, a critical chokepoint for global energy shipments, has become increasingly difficult to navigate amid escalating regional hostilities. While U.S. President Donald Trump criticized Starmer for not initially supporting U.S.-Israeli strikes on Tehran, the British leader maintained that reopening the waterway is essential for stabilizing global energy markets and must be approached through coordinated international action rather than military escalation.

Starmer reiterated that the UK “will not be drawn into the wider war,” underscoring his government’s commitment to diplomacy and multilateral cooperation in addressing the crisis.

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