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Is Now a Good Time to Rent vs. Buy in Canada?

After years of brutal rent hikes that left many Canadians feeling priced out of their own cities, something has quietly shifted: rents are finally falling. But does that mean you should lock in a lease and wait out the housing market — or is this actually the window you've been waiting for to buy? The answer, as always, depends on your city, your finances, and your plans. Here's a clear-eyed breakdown of where things stand in 2026. What's Happening With Rents Right Now The Canadian rental market has undergone a dramatic reversal. After vacancy rates hit record lows in 2023 and rents surged by as much as 8% nationally in a single year, the tide has turned. According to the Canada Mortgage and Housing Corporation (CMHC), the national vacancy rate for purpose-built rental apartments rose to 3.1% in October 2025 — up from 2.2% in 2024 and a record low of just 1.5% in 2023. That 3.1% figure now sits above the 10-year historical average , marking a meaningful shift in the bal...
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Dow Jones Industrial Average Closes Above 40,000 for the First Time

 


In a historic milestone, the Dow Jones Industrial Average (Dow) achieved a significant feat by closing above 40,000 points for the first time ever. This remarkable achievement capped off a winning week for stocks, as major indices notched weekly gains.

Record Highs and Weekly Wins

  • The Dow rose 0.3% on Friday, reaching a record high of 40,003.59 points.
  • The broader market also performed well:
    • The S&P 500 ticked up 0.1%.
    • The tech-heavy Nasdaq Composite slipped 0.1% but still secured a weekly win.

Fed Officials and Inflation Concerns

The stock market rally faced a minor setback due to comments from Federal Reserve officials. They warned that interest rates are likely to remain at historic highs for some time. Encouraging inflation data earlier in the week had raised hopes of a September rate cut, but these remarks tempered expectations.

Fed Chair Jerome Powell’s Pre-Recorded Remarks

  • Fed Chair Jerome Powell, who recently tested positive for COVID-19, delivered his remarks through a pre-recorded video. He emphasized the central bank’s commitment to monitoring inflation and adjusting rates as needed.
  • US Federal Reserve Governor Michelle Bowman reiterated her view that the central bank has not made sufficient progress in curbing inflation this year. She expressed readiness to raise rates if incoming data indicates further inflationary pressures.

Individual Movers

  • Reddit (RDDT) shares surged 10% after the social media platform announced a partnership with OpenAI. This collaboration will integrate content from Reddit forums into ChatGPT.
  • GameStop (GME) shares, on the other hand, declined over 19%. The games retailer expects first-quarter sales to drop as shoppers shift to online outlets. Despite an initial rally reminiscent of the 2021 frenzy, the stock has faced recent downward pressure.

Looking Ahead

As corporate earnings season winds down, several key players are set to report next week. Notable names include Zoom, Lowe’s, Target, and Nvidia—the latter capitalizing on the growing demand for AI technology.

In summary, the Dow’s breakthrough above 40,000 points reflects both market optimism and cautious attention to inflation dynamics. Investors will closely monitor future developments as the economy continues to recover and adapt to changing circumstances.

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