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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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Your daily horoscope: January 2, 2026

 

IF TODAY IS YOUR BIRTHDAY

You cannot allow personal feelings to have any influence over what should be a purely rational decision. That decision is going to be the foundation stone for all the great things you are going to build over the coming year, so make it wisely.

ARIES (March 21 - April 20):

The approaching full moon could cause you some grief today, so promise yourself that no matter what happens you won’t let yourself get too upset. Remember, the best way to deal with annoying people is to remove yourself from their orbit.

TAURUS (April 21 - May 21):

Your ability to get your point of view across simply and effectively will be tested today and over the weekend. The upcoming full moon means you must think slowly and carefully before opening your mouth. Better still, say nothing at all.

GEMINI (May 22 - June 21):

If someone pokes their nose into your private affairs today tell them to unpoke it again before they lose it! You are in no mood to humour people who refuse to respect your privacy, and there are more important matters that need to be dealt with.

CANCER (June 22 - July 23):

Put any plans you have for the next few days on hold. You can come back to them later on but for now the likely impact of tomorrow’s full moon makes it unwise to force matters. You don’t need to be pushy this early in the year.

LEO (July 24 - Aug. 23):

If you spend too long weighing up the pros and cons of what you are planning to do you may not leave yourself enough time to actually do it. Trust your own instincts today and follow them to the letter, even when everyone else disagrees.

VIRGO (Aug. 24 - Sept. 23):

It may seem as if a colleague is making life difficult for you but if they are it can only be because, like you, they are mystified by current events. Stand back and give them space to get their head together. And get your own head together too!

LIBRA (Sept. 24 - Oct. 23):

Forget the past and embrace the future. That is the message of the full moon that kicks off the year and if you heed it the next 12 months will be truly special. A positive attitude is a must if you want to create something great in the world.

SCORPIO (Oct. 24 - Nov. 22):

Anyone who thinks they can intimidate you into changing your mind clearly doesn’t know you too well. The more pressure they bring to bear today the more you will dig in your heels and refuse to move. They’ll get the message eventually.

SAGITTARIUS (Nov. 23 - Dec. 21):

The approaching full moon could generate some bad feeling and lead to a falling out with a friend or work colleague. If that occurs, give yourself some time to recover your composure and then offer them a heartfelt apology. They will happily accept it.

CAPRICORN (Dec. 22 - Jan. 20):

The universe is very much on your side now but that won’t stop someone trying to provoke you. It should be easy enough to keep them at arm’s length until the full moon begins to wane early next week. You don’t need the drama.

AQUARIUS (Jan. 21 - Feb. 19):

There may be some tension in the air today and over the weekend but it’s nothing you cannot handle so stay calm and show the world that you at least are still in control. Some people can get ridiculously emotional over nothing much at all.

PISCES (Feb. 20 - Mar. 20):

This weekend’s full moon may disrupt your plans for a while but it cannot stop you moving towards your ultimate goal. You are now so focused on proving yourself creatively that no power on earth can hold you back for long.

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