Houses for sale in London, Ont. Photo by Mike Hensen/The London Free Press/Postmedia Network files

Canada’s housing market is tilting in buyers’ favour due to falling interest rates , rising inventory levels and declining home prices , but many are still choosing to delay their purchases, according to a new report by Royal LePage .

The report said 13 per cent of the 2,500 residents surveyed across Canada are actively trying to buy their first home within the next two years, but 82 per cent are planning to hold off for at least another year.

Some are ahead of others in the purchasing process: 51 per cent are researching neighbourhoods where they can afford to live, 49 per cent are browsing online listings, 19 per cent are viewing homes listed for sale in person and 19 per cen

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