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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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Israeli Strikes Level Gaza City High-Rise Amid Mass Evacuation Orders

 

Smoke billows from Israeli strikes that brought down a high-rise tower in Gaza City on Friday.


The Israeli military has intensified its assault on Gaza City, flattening the al-Soussi residential tower just a day after destroying another high-rise. Residents were given evacuation orders to move south to Al-Mawasi, designated by Israel as a “humanitarian zone” despite repeated strikes there.

Witnesses described the 15-storey building collapsing into a cloud of dust and smoke, leaving dozens of displaced families homeless. The attack is part of a broader campaign targeting tall structures the military claims are used by Hamas for surveillance and operations.

Humanitarian agencies warn that nearly one million people remain in and around Gaza City, where famine has already been declared. Many residents say evacuation offers little safety, as bombings continue across the territory. The United Nations has cautioned that a full-scale offensive could trigger a catastrophic escalation in civilian suffering.

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