Home Ownership Rate in Canada decreased to 66.70 percent in 2023 from 69.30 percent in 2021. This dataset provides the latest reported value for - Canada Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Approximately 66% of households in Canada own their home, compared to approximately 34% of households that rent their dwelling. The highest provincial ownership rates were in Newfoundland and Labrador (78%) and the lowest in Quebec (58%). Nunavut at 24% has the lowest ownership rates in the country as more than the half of the dwellings are public housing. Home ownership is less in the larger metropolitan areas than in rural and smaller centres. Dwelling refers only to owner-occupied private dwellings, which do not include dwellings situated on farms, but can include owner-occupied dwellings situated on rented or leased land or part of a condominium. The map shows the percentage of households in each census division that rent their dwelling.

Data on resident buyers who are persons that purchased a residential property in a market sale and filed their T1 tax return form: number of and incomes of residential property buyers, sale price, price-to-income ratio by the number of buyers as part of a sale, age groups, first-time home buyer status, buyer characteristics (sex, family type, immigration status, period of immigration, admission category).

According to the 2006 Census, 68.4% of households owned their home in 2006, up from 65.8% in 2001. The increase in condominium owners between 2001 and 2006 accounted for more than one-quarter of the increase in the number of Canadian households that own their dwelling. The term owned dwelling refers only to owner-occupied private dwellings, which do not include dwellings situated on farms, but can include owner-occupied dwellings situated on rented or leased land or part of a condominium. At the same time, the proportion of Canadian households that rented their home declined, from 33.8% in 2001 to 31.2% in 2006. Roughly 0.4% of households in both census years lived in band housing. The map shows the percentage of households in each census division that live in band housing.