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Canada's Rent Slide Is Finally Stalling — What It Means If You Rent or Rent Out

  Published August 13, 2026 For nearly two years, "Canadian rents are falling" has been one of the safest headlines in personal finance. The August 2026 National Rent Report from Rentals.ca and Urbanation, released last week, suggests that streak may finally be running out of road — and the shift matters whether you're the one paying rent or the one collecting it. The Numbers National avg. asking rent (July) $2,037 Year-over-year change -4.0% (22nd straight monthly decline) Month-over-month change +0.2% (4th straight monthly rise) Toronto, month-over-month +1.6% to $2,577 Falling, But Not as Fast Rent is still dropping on a year-over-year basis nationally — that's now been true for 22 straight months. But the pace of the decline has been easing since it bottomed out in March, and July marked the smallest annual drop since February. On a month-to-month basis, rent has now risen for four months running, which typically happens every summer as the market hits its season...

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Wall Street Pushes Higher as Markets Seek a Steady Finish

 

US stocks moved upward as the Dow, S&P 500, and Nasdaq all posted gains, offering investors a calmer end to what has been a choppy week. Technology shares once again played a central role in lifting market sentiment, with major chipmakers and AI‑linked companies helping drive the Nasdaq higher.

A strong earnings report from a leading semiconductor manufacturer boosted confidence across the tech sector, sparking renewed interest in companies tied to artificial intelligence and advanced chip production. Several major tech names followed with solid rebounds, reinforcing the sector’s momentum.

Financial stocks also added support after a series of upbeat earnings from large banks earlier in the week. Investors are now watching upcoming results from regional lenders, which could help shape expectations for the sector’s stability in the months ahead.

Despite lingering geopolitical concerns and earlier volatility, the market’s tone improved as the week progressed. With tech strength and steady corporate results providing a cushion, Wall Street appears poised to close the week on firmer footing.


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