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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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S&P/TSX Composite Index Surges: Canadian Markets Rally Alongside U.S. Stocks

 

In a robust trading session, the S&P/TSX composite index soared by nearly 200 points on Wednesday, fueled by broad-based strength across various sectors. Simultaneously, U.S. markets also experienced gains, with the Dow Jones industrial average leading the charge.

Key Highlights:

  1. Canadian Surge: The S&P/TSX composite index closed up 194.56 points at 22,107.08, reflecting the bullish sentiment in the Canadian market. Notably, base metals and industrials played a pivotal role in driving this upward trajectory.

  2. U.S. Market Momentum: Across the border, U.S. markets followed suit. The Dow Jones industrial average surged by 477.75 points, reaching 39,760.08. Meanwhile, the S&P 500 index climbed 44.91 points to 5,248.49, and the Nasdaq composite gained 83.82 points, closing at 16,399.52.

  3. Currency and Commodities: The Canadian dollar traded at 73.60 cents U.S., slightly lower than the previous day. Crude oil prices dipped, with the May contract down 27 cents at US$81.35 per barrel. Natural gas also saw a decline, with the May contract down seven cents at US$1.72 per mmBTU. On the other hand, gold prices rose, with the June contract up US$13.50 at US$2,212.70 per ounce, while copper remained steady at US$4 per pound.

This bullish momentum reflects investor optimism and economic resilience, even amidst global uncertainties. As we move forward, market participants will closely monitor developments and continue to assess the impact of various factors on stock performance.


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