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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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Taylor Swift and Prince William Share Royal Selfie at London Concert

Taylor Swift, the pop sensation, recently graced the stage at Wembley Stadium in London during her Eras Tour. However, it wasn’t just her performance that made headlines—it was her backstage encounter with Prince William that stole the show.

Before her concert, Taylor Swift snapped a perfect royal selfie with the Prince of Wales and two young music fans: Prince George and Princess Charlotte. Kensington Palace shared the heartwarming photo on social media, thanking Swift for a “great evening.” For Prince William, attending the hottest show in town with his two eldest children was a way to earn maximum dad points on his 42nd birthday.

The nearly 90,000 fans in the stadium witnessed Prince William’s energetic dance moves as he grooved to Swift’s hit single “Shake It Off.” The video of his spirited dance quickly went viral, adding to the excitement of the evening.

Swift’s Eras Tour has been captivating audiences across the UK, with shows in Edinburgh, Liverpool, and Cardiff. London, where she spent part of her career, holds a special place in her heart. As she put it, it’s “the most exhilarating city in the world.”

Other notable attendees at the concert included Bridgerton star Nicola Coughlan, Labour leader Keir Starmer, Queer Eye’s Jonathan Van Ness, and model Cara Delevingne. Swift’s parents, Andrea and Scott, were also in the audience.

In the midst of the music and celebration, Prince William celebrated his 42nd birthday, making it a memorable night for both royalty and fans alike. 

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