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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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Rising Tensions as Azerbaijan Warns of Retaliation After Iranian Drone Strike

A drone explodes at the airport of Nakhchivan, Azerbaijan, in this screengrab obtained from a social media video.

Azerbaijan has issued a firm warning that it will retaliate after two Iranian drones crossed into its Nakhchivan exclave, injuring four people and heightening fears of regional escalation. According to Azerbaijani officials, the drones entered its airspace on Thursday before striking near the Nakhchivan airport, an incident captured in eyewitness footage. 

The Azerbaijani Defence Ministry condemned the attack, stating that “these attacks will not remain unanswered,” and confirmed that investigations are underway to identify the types of drones used. Authorities emphasized that response measures are being prepared to safeguard the country’s territorial integrity and protect civilians.

The strike comes amid already strained relations between Azerbaijan and Iran, fueled by Baku’s deepening ties with Türkiye and Israel. The incident also raises broader concerns about the spillover of Middle East conflicts into the South Caucasus, a region where geopolitical tensions are already high. 


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