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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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Trump Vows ‘Very Hard’ Response Against Iran After Sanctions Shift on Russian Oil

 

Iranians take part in a protest marking the annual al-Quds Day (Jerusalem Day) on the last Friday of the holy month of Ramadan, in Tehran.


President Donald Trump announced that the United States will strike Iran “very hard over the next week,” a declaration that came shortly after his administration issued a partial 30‑day waiver allowing purchases of sanctioned Russian oil. The move, intended to ease soaring global energy prices amid the U.S.-Israeli conflict with Iran, has drawn international scrutiny. 

The temporary easing of sanctions on Russian oil is part of a broader strategy to stabilize markets shaken by the ongoing Middle East war. Energy prices have surged and then fluctuated sharply in recent days, prompting the administration to adjust its approach to maintain supply and reduce economic pressure. 

Trump’s warning toward Iran signals a potential escalation in an already volatile regional conflict, even as the U.S. attempts to manage global energy disruptions. The dual strategy—loosening sanctions on Russia while preparing intensified action against Iran—highlights the administration’s effort to balance geopolitical pressure with economic stability.

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