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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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Markets Lose Footing as Iran Truce Hopes Dim

 


U.S. stocks slipped as investors reassessed the likelihood of a ceasefire in the Iran conflict, sending major indexes lower. The Dow, S&P 500, and Nasdaq all retreated as renewed geopolitical tension pushed oil prices higher and dampened the previous day’s optimism. 

The pullback followed a brief rally driven by hopes of diplomatic progress, but those expectations faded quickly as reports signaled escalating military activity and conflicting statements from U.S. and Iranian officials. Rising crude prices—seen as a direct barometer of conflict risk—added pressure across sectors, particularly technology, which led the day’s declines. 

Investors remain highly sensitive to headlines, with markets swinging between relief and caution as the situation evolves. With oil once again at the center of market volatility and no clear path to de‑escalation, Wall Street continues to navigate a fragile and fast‑shifting landscape. 

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