June 23, 2015
Newcomers — Homeownership Rates of Immigrants Rise Over Time
In 2011, homeownership rates for immigrants were higher the longer they had been in Canada, presumably because of the time required to gain a solid footing in the labour market and to build up savings and a good credit rating. Households with immigrant maintainers who came to Canada from 1996 to 2000 and from 2001 to 2005 had much higher ownership rates (66% and 59%, respectively) in 2011 than newcomers.
Figure 6-13: Homeownership rates, immigrant and non-immigrant households, Canada, 2011
| Immigrants by year of landing |
% of households owning homes |
| All households |
69.0 |
| Non-immigrants |
69.6 |
| All immigrants |
68.8 |
| Before 1986 |
79.4 |
| 1986 to 1995 |
68.1 |
| 1996 to 2000 |
66.4 |
| 2001 to 2005 |
58.7 |
| Newcomers |
36.5 |
Households grouped based on the immigrant status of the primary household maintainer.
Newcomers in 2011 — immigrants who landed between January 1, 2006 and May 10, 2011 (Census Day).
Source: CMHC, adapted from Statistics Canada (National Household Survey)
Learn more about Newcomers in the 2014 Canadian Housing Observer
