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40% of Canadian Renters Delay Home Purchases Amid Concerns

6/20/2025

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Summary

Story summary

A Royal LePage report indicates 40% of Canadian renters are delaying purchases, up from 30% in 2024.
The June survey involved 1,854 renters.
28% of renters are considering buying property, consistent with last year's 29%.
Affordability concerns and market uncertainty significantly impact renters' choices.
Renters in Saskatchewan and Manitoba exhibit the greatest reluctance to become homeowners.

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Story summary

A Royal LePage report indicates 40% of Canadian renters are delaying purchases, up from 30% in 2024.
The June survey involved 1,854 renters.
28% of renters are considering buying property, consistent with last year's 29%.
Affordability concerns and market uncertainty significantly impact renters' choices.
Renters in Saskatchewan and Manitoba exhibit the greatest reluctance to become homeowners.