Despite falling prices and lower interest rates, many renters are still pressing pause on home ownership

Kuntal Khasnobish
Wednesday, June 25, 2025
Despite falling prices and lower interest rates, many renters are still pressing pause on home ownership
As Canada’s housing landscape continues to tilt in favour of buyers – thanks to lower interest rates and a growing supply of homes in many major markets – affordability is improving in some of the country’s most expensive markets. For many renters, this signals a long-awaited opening into the market. But rather than rushing in, prospective buyers are taking a more thoughtful, strategic approach, carefully assessing their timing, finances and long-term goals.

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