June 2024

One-third of Canadians now rent amid housing affordability challenges: Royal LePage

Nearly one-third of Canadians now live in rental accommodations, with the trend increasing as housing affordability remains a challenge. According to a recent Royal LePage survey, 27 per cent of current renters plan to purchase a property within the next two years, a figure that rises to 40 per cent among those aged 18-34. However, 69 per cent of renters have no immediate plans to buy, with over half...

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