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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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Shockwaves Across the Middle East as Israel Strikes Tehran After Khamenei’s Death

People mourn the death of Iran's Supreme Leader Ayatollah Ali Khamenei, who was killed in joint US and Israeli strikes, at a square in Tehran on March 1, 2026.

Israel’s latest strike on Tehran has intensified an already volatile regional crisis, coming just hours after Iran launched a sweeping retaliation for the killing of Supreme Leader Ayatollah Ali Khamenei in joint U.S.–Israeli attacks. The explosion in the Iranian capital sent a massive plume of smoke over the city as Israeli forces targeted what they described as strategic sites at the heart of Tehran. 

Iran’s response has been fierce and far‑reaching. Following Khamenei’s death—confirmed by Iranian state media and mourned publicly across the country—Tehran unleashed waves of missiles and drones at Israeli and U.S. positions throughout the region. More than 25 coordinated strikes were reported, marking one of Iran’s most expansive military operations in years. 

The conflict escalated rapidly after the initial U.S.–Israeli operation that killed Khamenei and several top Iranian security officials. The attack triggered widespread casualties across Iran, with more than 200 people reported dead in the first 24 hours. Tehran has vowed “revenge,” while Washington and Jerusalem brace for further retaliation.

Global leaders are urging restraint as fears grow that the confrontation could spiral into a broader regional war. Yet with both sides exchanging increasingly forceful blows, the path toward de‑escalation remains uncertain.

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