Reasons to Rent Instead of Buy in Some Canadian Cities

A study by Easy reveals that renting may be financially better than buying in seven of Canada’s 25 largest cities over ten years, with savings of up to $118,700 in Abbotsford, B.C. However, while renting offers liquidity and mobility, ownership generally provides equity growth and stability, especially in provinces like Nova Scotia, where buying is more advantageous.

Want More Context? 🔎