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Canada's Rent Slide Is Finally Stalling — What It Means If You Rent or Rent Out

  Published August 13, 2026 For nearly two years, "Canadian rents are falling" has been one of the safest headlines in personal finance. The August 2026 National Rent Report from Rentals.ca and Urbanation, released last week, suggests that streak may finally be running out of road — and the shift matters whether you're the one paying rent or the one collecting it. The Numbers National avg. asking rent (July) $2,037 Year-over-year change -4.0% (22nd straight monthly decline) Month-over-month change +0.2% (4th straight monthly rise) Toronto, month-over-month +1.6% to $2,577 Falling, But Not as Fast Rent is still dropping on a year-over-year basis nationally — that's now been true for 22 straight months. But the pace of the decline has been easing since it bottomed out in March, and July marked the smallest annual drop since February. On a month-to-month basis, rent has now risen for four months running, which typically happens every summer as the market hits its season...

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Intense Clashes in Gaza as Israeli Forces Target North and South

 

In a recent escalation of violence, Israeli forces have launched strikes across Gaza, with residents reporting fierce fighting in Rafah, a city in the southern part of the Palestinian enclave. The Tel Al-Sultan neighborhood in western Rafah has become a battleground, where tanks are attempting to advance north amid heavy clashes. The armed wings of Hamas and the Islamic Jihad have responded by attacking Israeli forces with anti-tank rockets and mortar bombs.

Since early May, the focus of ground fighting has been on Rafah, where approximately half of Gaza’s 2.3 million people sought shelter after fleeing other areas. However, most have had to flee again due to the ongoing conflict. Medics reported two Palestinian fatalities from an Israeli missile strike in Rafah. Meanwhile, in the northern Gaza town of Beit Lahiya, an Israeli airstrike destroyed a house, resulting in the deaths of four Palestinians and injuries to several others.

The situation remains dire, with international mediation efforts failing to yield a ceasefire agreement. While Hamas insists on an end to the war and full Israeli withdrawal from Gaza, Israel is only willing to accept temporary pauses in fighting until Hamas is eradicated. Amidst the conflict, Palestinians in northern Gaza face severe food shortages and soaring prices, with thousands of children suffering from malnutrition.

As the violence continues, civilians bear the brunt of the devastating impact, and hopes for a peaceful resolution remain elusive.



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