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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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Escalation in Gaza Amid Netanyahu’s U.S. Visit

 

Israeli forces have intensified their military operations in the Gaza Strip, launching new raids just hours before Prime Minister Benjamin Netanyahu’s scheduled address to the U.S. Congress. The latest attacks have resulted in significant destruction, particularly in towns east of Khan Younis in southern Gaza, forcing thousands of residents to flee westward in search of safety.

The Palestinian Civil Emergency Service reported receiving numerous distress calls from residents trapped in their homes in Bani Suhaila, but rescue efforts have been hampered by ongoing hostilities. Gaza health officials have confirmed that at least 55 people have been killed in the past 24 hours, adding to the already staggering death toll of over 39,000 Palestinians since the conflict began.

As Netanyahu prepares to address Congress and meet with President Joe Biden, the situation in Gaza continues to deteriorate. Local residents have expressed frustration and exhaustion, with many questioning where they can find refuge. The Israeli military maintains that its operations are aimed at eradicating Hamas militants responsible for attacks on Israeli territory.

The international community watches closely as the conflict escalates, with many calling for an immediate ceasefire to prevent further loss of life and humanitarian disaster.


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