Over a Quarter of Renters Plan to Buy a Home Within Two Years: Survey

Houses for sale in a new subdivision in Airdrie, Alberta, in 2022. Jeff McIntosh/The Canadian Press

Over a quarter of Canadians who are renting say they plan to buy a home in the next two years, according to a recent survey.

The Royal LePage survey found that 27 percent of renters had plans to buy a home in the next 24 months. That number jumps to 40 percent for those aged 18 to 34.