Canada has historically had one of the highest homeownership rates in the world. But shifting economic and demographic forces are quickly altering this longstanding benchmark.
CoStar Insight
Canada is quickly becoming a nation of renters
Construction of purpose-built rentals expected to soon overtake construction of homeowner units for the first time
By Carl Gomez
CoStar Analytics
July 21, 2025 | 1:39 P.M.
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