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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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Israeli Airstrike in Southern Gaza Leaves 71 Dead

 

In a devastating attack on the southern Gaza Strip, at least 71 people lost their lives, according to the Gaza Health Ministry. The strike, which occurred in the Khan Younis area, also left 289 others injured. Many of the injured and deceased were taken to the nearby Nasser Hospital.

The Israeli official identified the target of the strike as Mohammed Deif, believed to be the chief architect of an earlier attack that killed around 1,200 people in southern Israel. Deif has long been on Israel’s most-wanted list and has reportedly escaped multiple assassination attempts in the past. Rafa Salama, another top Hamas official, was also targeted in the strike, though details on their fate remain unclear.

This tragic incident adds tension to ongoing talks between U.S., Egyptian, and Qatari mediators, who are working to narrow gaps between Israel and Hamas regarding a proposed three-phase cease-fire and hostage release plan in Gaza. The potential killing or injury of any senior Hamas official threatens to derail these delicate negotiations. 

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