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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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Market Turmoil: Stocks Plunge, Oil Surges After Israel Strikes Iran

Global financial markets are reeling after Israel launched a military strike on Iran, escalating geopolitical tensions in the Middle East. Investors rushed to safe-haven assets, sending stock futures tumbling while oil and gold prices surged.  


Stock Market Reaction  

U.S. stock futures dropped sharply in premarket trading, with the Dow Jones Industrial Average falling 531 points (1.2%), the S&P 500 down 1.3%, and the Nasdaq 100 sliding 1.4%. The heightened uncertainty has also pushed Treasury yields lower and Bitcoin prices into decline.  

Oil Prices Surge  

Crude oil prices spiked following the attack, with Brent crude jumping 5% to $72.81 per barrel, while West Texas Intermediate (WTI) crude surged 5% to $71.45 per barrel. The fear of further escalation in the Middle East, a key oil-producing region, has raised concerns about potential disruptions in global energy supplies.  

Gold and Defense Stocks Rise  

Gold prices climbed 1% to $3,436 per Troy ounce, reaching an all-time high as investors sought refuge in the precious metal. Defense stocks, including Lockheed Martin and RTX Corporation, saw gains as markets anticipated increased military spending.  

Geopolitical Fallout 

Israel’s operation, dubbed “Rising Lion,” targeted Iran’s nuclear facilities and military leadership. Iranian officials confirmed that the head of the Islamic Revolutionary Guard Corps was killed in the strikes, while Israel warned that the operation could last “as many days as it takes”. Iran has vowed severe retaliation, raising fears of prolonged instability in the region.  

As markets brace for further volatility, investors are closely watching developments in the Middle East and assessing the broader economic impact of the escalating conflict.

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