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Who still owns a home in Canada? 66.5%, and B.C. is right on average

Everyone says nobody owns a home in Canada anymore. The 2021 Census says 66.5% do — down from 69.0% in 2011. B.C. sits at 66.8%, basically dead-on the national rate.

Map of 2021 Census homeownership rates by Canadian province and territory. Canada is 66.5% (down from 69.0% in 2011). Newfoundland and Labrador leads at 75.7%, B.C. is 66.8% near the national rate, Quebec is the lowest province at 59.9%, and Nunavut is the outlier at 19.2%. Source: Statistics Canada, 2021 Census.

Everyone keeps telling me nobody owns a home in Canada anymore. So I pulled the actual Census numbers.

This started as a post on my social channels. Here's that version, with the province-by-province breakdown.

What the 2021 Census actually says

66.5% of Canadian households own the home they live in. That's down from 69.0% in 2011, so yes, it's slipping. But two out of three is a long way from "nobody."

A few things that jumped out at me:

  • Newfoundland and Labrador leads the country at 75.7%.
  • New Brunswick (73.0%), Alberta (70.9%) and Saskatchewan (70.7%) round out the 70% club.
  • B.C. sits at 66.8%, basically dead-on the national rate. Not what most people guess.
  • Quebec is the lowest province at 59.9%. Renting is just a bigger part of life there.
  • Nunavut is the big outlier at 19.2%.

Nine provinces and territories sit above the national rate. Four sit below. None ties it exactly — B.C. and Nova Scotia are both 66.8%, a hair above Canada's 66.5%.

B.C. is closer to the middle than the myth

Around here, the barbecue consensus is that homeownership in B.C. must be near the bottom. The Census says otherwise. British Columbia lands almost exactly on the Canada average.

That doesn't mean buying is easy in Greater Vancouver. Prices are high, and the path looks different for every household. It does mean the "nobody owns here" line isn't what the data shows.

Owning and renting are both legit paths

As a REALTOR® who helps both buyers and renters in Greater Vancouver, my take is simple: owning and renting are both legitimate. What matters is a plan that fits your life, not the barbecue consensus.

If you're weighing a purchase, start with my page for home buyers. If you're a newcomer relocating here and need a place to rent first, my guide to relocating to Greater Vancouver covers neighbourhoods from Vancouver to the Tri-Cities, BC, and here's how my relocation rental service for tenants works.

Where does your province land, and did any of these surprise you?

Sources

  1. To buy or to rent: The housing market continues to be reshaped by several factors as Canadians search for an affordable place to call home · Statistics Canada, September 21, 2022
  2. Homeownership rate declines from 2011 to 2021 in all provinces and territories, except in the Northwest Territories (Map 1) · Statistics Canada, September 21, 2022
  3. Focus on Geography Series, 2021 Census — Canada (Housing) · Statistics Canada, September 21, 2022

This post is general information and my personal opinion, not legal, tax or financial advice.