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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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Your daily horoscope: November 15, 2025

 

IF TODAY IS YOUR BIRTHDAY

If the solar year now ending was a lot of fun then the upcoming solar year will be a riot of the nicest sort. Anyone who thinks you are too serious by nature will be forced to think again. Life is good and about to get even better.

ARIES (March 21 - April 20):

You may think you are in the midst of some kind of personal or professional crisis but compared to most people you’ve got it easy, so stop complaining and set about making this a weekend to remember for all the right reasons.

TAURUS (April 21 - May 21):

If a friend or co-worker says something you do not agree with this weekend you should, if you can, keep your opinions about it to yourself. It’s no skin off your nose if they want to believe in something that is clearly untrue.

GEMINI (May 22 - June 21):

You can expect a rather nice offer this weekend but it will be the kind of offer that comes with strings attached. Which means, of course, that you are perfectly entitled to turn it down if you don’t want to pay the asking price.

CANCER (June 22 - July 23):

You must keep your feet on the ground over the next 48 hours, no matter how high up in the clouds your head may be. All those big plans you’ve got won’t come good by themselves – they will need a considerable amount of input from you.

LEO (July 24 - Aug. 23):

What you hear this weekend may have you jumping for joy but the planets warn it’s not going to be good news all the way. Even if you are delighted with what’s going on friends and loved ones may think it’s the worst thing ever.

VIRGO (Aug. 24 - Sept. 23):

Stop worrying about what may be coming up from behind and focus 100 per cent on the goal up ahead. The more time you spend looking over your shoulder the less likely it is you will reach the finishing line ahead of your rivals.

LIBRA (Sept. 24 - Oct. 23):

Aim to make the next 48 hours a feast of fun and laughter. The way you choose to look at the world is the sort of world you are going to experience, so look at it with love in your heart and a smile on your face.

SCORPIO (Oct. 24 - Nov. 22):

Find a place where you can cut yourself off from the noise of the world and think deeply about who you are, where you are going and what you want to be doing in the future. This is an ideal time for making plans – the bigger the better!

SAGITTARIUS (Nov. 23 - Dec. 21):

Something you thought was going to be difficult will come easily to you this weekend and your first reaction will be to worry that you are doing something wrong. On the contrary, you are doing everything right, so stop being such a misery!

CAPRICORN (Dec. 22 - Jan. 20):

What occurs next will raise your spirits and have you thinking that maybe the world is not so bad after all. Hold on to that feeling as long as you can. A positive state of mind lights up situations that might otherwise seem dark and foreboding.

AQUARIUS (Jan. 21 - Feb. 19):

Aim to do something amazing this weekend and then aim to make it more amazing still moving into next week. If you act as if there are no limits to what you can accomplish you may find the universe sweeps away all those obstacles you were expecting.

PISCES (Feb. 20 - Mar. 20):

Don’t get emotional about a situation that calls for a practical solution. If you feel sorry for yourself because things are not working out the way you intended you will get no sympathy from friends and colleagues, nor will you get a helping hand.

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