Homeownership Rates in Canada Still Among Highest Globally
Despite housing affordability concerns across the country, homeownership rates in Canada remain among some of the highest in the world. As of 2016 (the most recent data available), Canada boasts an overall homeownership rate of 67.8%, down slightly from a peak of 69% in 2011, according to research from RBC Economic Research. Comparatively, the U.S.