Wednesday, September 11, 2013

Home ownership holding steady across Canada

According to Stats Canada 7 in 10 Canadian households own their homes, this number has not changed over the recent years.

A 2011 National Household study showed that approximately 9.2 million households were owners, thus putting the homeownership rate at 69%. While not directly comparable, the findings indicate a similar level of ownership to the 2006 census, which revealed a homeownership rate of 68.4%.
As per the latest data, his trend of rising homeownership rates continues to rise over the last several decades.

Click here to read further about home ownership in Canada.

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