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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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Wall Street Leans Modestly Lower Ahead of Inflation Data

 

Wall Street opened with a slight dip today as investors eagerly await Friday’s inflation update from the government. Here are the key highlights:

  1. Corporate Earnings Digestion:

    • Markets are processing recent corporate earnings reports.
    • FedEx (FDX) surged 14.6% after beating Wall Street’s Q4 sales and profit targets.
    • Chipmaker Nvidia (NVDA) rebounded, recovering from recent losses.

  2. Inflation Update Anticipation:

    • The government’s report on inflation, closely monitored by the Federal Reserve, will influence interest rate decisions.
    • Investors hope for timely rate cuts to prevent a recession or inflation resurgence.

  3. Global Markets:

    • European markets (DAX, FTSE, CAC 40) dipped, while Japan’s Nikkei rose 1.3%.
    • Tokyo Electron and Advantest Corp. gained due to enthusiasm over Nvidia and AI.

  4. Currency Watch:

    • The dollar edged higher against the yen, nearing the 160 yen level.
    • Tokyo officials warn of potential market intervention.

Stay tuned for Friday’s crucial inflation data—the Fed’s next move hangs in the balance.


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