Growing number of renters are waiting for home prices to decline further before buying, report says

by Dayne Patterson

Report released by Royal LePage says about 40 per cent of renters are choosing to wait for property prices to fall further, compared with 30 per cent in 2024.

Canadian renters are waiting for housing prices to drop before jumping into the market, according to a new report, reflecting optimism over a trend of falling prices.

As renters inked new leases this year, 28 per cent said they considered buying property rather than renting, the 2025 Canadian Renters Report says. This is nearly the same as last year, when 29 per cent of respondents said they considered buying a home.

agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 816-5514

lilithak@yahoo.com

8854 Yonge St, L4C 0T, Hill, Ontario, Canada

GET MORE INFORMATION

Name
Phone*
Message