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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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Escalation in Gaza: Israeli Airstrikes Result in Civilian Casualties


In a tragic escalation of violence, at least 18 Palestinians were killed in Israeli airstrikes in Gaza on Saturday, according to Palestinian medics. The strikes targeted various locations, including a former shelter housing displaced people and an aid warehouse, which the Israeli military claimed were being used by militants. 

The airstrikes have intensified the already dire humanitarian situation in Gaza, with casualties being transported to hospitals by foot, on rickshaws, and in private cars. The conflict, which began on October 7, 2023, has resulted in significant loss of life and widespread displacement. Efforts by international mediators to broker a ceasefire continue, but the situation remains volatile. 

The international community has called for restraint and the protection of civilians, emphasizing the need for a peaceful resolution to the conflict. 


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