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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 Sudan: RSF Drone Strikes Hit Key Targets in Port Sudan

Sudan’s paramilitary Rapid Support Forces (RSF) launched drone strikes on Port Sudan early Tuesday, targeting critical infrastructure including the airport, port, and a hotel. This marks the second attack on the city within a week, further intensifying the ongoing conflict.

The strikes disrupted air traffic, with multiple flights canceled at Cairo airport, which serves as a key transit hub for Sudan-bound travelers. Local media reported explosions and fires at the port and airport, with footage showing thick smoke rising over the area. Residents described waking up to loud blasts and witnessing flames engulf parts of the city.

Port Sudan has served as a refuge for displaced civilians and humanitarian organizations since the war erupted in April 2023. The RSF’s latest assault is seen as retaliation for recent military strikes on its base at Nyala airport in South Darfur. The paramilitary group has increasingly relied on drone warfare, allegedly receiving arms shipments from external allies, though these claims remain disputed.

The attack underscores the prolonged instability in Sudan, where two years of fighting have led to widespread displacement and famine. With no immediate resolution in sight, the conflict continues to threaten civilian lives and critical infrastructure.

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