A real estate sign is posted outside a home in Pointe-Claire, a city in Montreal’s West Island, on May 7, 2024. The Canadian Press/Christinne Muschi
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Canadian renters are still grappling with affordability issues even though rent prices have decreased this year, while those contemplating the move to home ownership are adopting a wait-and-see approach, a new report suggests.
Fifteen percent of renters in Canada dedicate more than half of their net income to monthly rent costs, according to the 2025 Canadian renters report by Royal LePage.
Jennifer Cowan is a writer and editor with the Canadian edition of The Epoch Times.
