Renting vs. Buying in Canada Right Now: The Real Math
With home prices softening and rents still stubbornly high, Canadians are asking the same question louder than ever. We ran the actual numbers — and the answer may surprise you. BY MONEYSAVINGS.CA | MAY 2026 | 8 MIN READ If you've Googled "should I rent or buy in Canada" recently, you've likely been greeted by a chorus of conflicting opinions. Realtors tell you now's a great time to buy. Your landlord just raised your rent — again. Your parents swear homeownership is the only real investment. And your bank account is sweating at the thought of a down payment. So let's cut through the noise and do what we do best here at MoneySavings.ca: run the actual math. 📊 The Canadian Market Snapshot: Where We Stand in 2026 After years of dizzying highs, Canada's housing market has finally exhaled. Here's the current lay of the land, by the numbers: $660K Avg. Canadian Home Price (down 15% from 2022 peak) $2,125 Avg. Monthly Rent 2BR in major cities 3.9% Lowes...
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