This study compares homeownership rates for immigrants and the Canadian-born. Homeownership is a particularly useful indicator of immigrants’ economic progress and long-term commitment to Canada. In general, immigrant households achieve rapid gains in homeownership with longer residence in Canada. Immigrants who have lived in Canada for 20 years or longer have homeownership rates similar to the Canadian-born. Recent immigrants face some initial challenges, but are moving into homeownership and closing the gap in home-ownership rates with the Canadian-born and earlier immigrant cohorts. There are socioeconomic and ethnic differences, however, in immigrants’ homeowner-ship rates.

Bibliographic Notes

This research brief was prepared by Christoph M. Schimmele, University of Victoria.