Immigrant home purchases surge while Canadians decline
Statistics Canada’s June 16 study on homeownership trajectories found that between 2018 and 2021, the share of recent immigrants who owned homes in their fifth year after arrival climbed.
New federal data shows recent immigrants are buying homes at rising rates while homeownership among Canadian-born residents continues to slip, adding fresh pressure to an already strained housing market.
Statistics Canada’s June 16 study on homeownership trajectories found that between 2018 and 2021, the share of recent immigrants who owned homes in their fifth year after arrival climbed in key provinces.
