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More than half of Canadian renters eager to buy a home: Royal LePage

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Summary
Nutrition label

64% Informative

54 per cent of Canadian renters plan to buy a home in the future and 16 per cent plan to do so in the next two years .

Many would-be buyers are holding out for interest rates and prices to drop further before jumping into the market.

Atlantic Canada had the highest number of respondents who spend more than half of their net income on rent, at 31 per cent .

VR Score

78

Informative language

83

Neutral language

71

Article tone

informal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources