This depends on your carrying costs and your cash flow. If your mortgage, strata fees, property taxes, and insurance add up to more than current rental income, renting is not a neutral decision — it costs you money every month.

**2026 rental market considerations:** Investor activity has slowed due to “higher carrying costs, uncertainty around the provincial vacancy tax, and tighter rent controls” . This reduced investor demand is part of why condos are struggling. If renting covers your costs and you believe prices will recover, holding may make sense. But with benchmark prices down and inventory up, recovery timelines are uncertain. If the numbers do not work, selling now and moving on may be the better financial decision — especially if you’re bleeding cash monthly waiting for a market turn that may take 12-24 months.

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Thinking of selling? Work with Dale Sheppard to sell your home.