Maple News reports that immigrants to Canada often embark on a path to homeownership shortly after their arrival, gradually shifting from renting to owning as their time in the country increases. A recent study conducted by Statistics Canada delves into the typical housing journey of new immigrants and non-permanent residents, offering key insights into how newcomers integrate into Canada’s housing market.
Using data from the 2021 national census, the study by researchers Haozhen Zhang and Feng Hou examined housing patterns among recent immigrants and temporary residents, such as international students and foreign workers. It analyzed the number of people per 1,000 residing in owned vs. rented housing units and how these ratios evolve with time spent in Canada.
The findings highlight a clear trend: longer residency is closely associated with increased homeownership. In the first five years after admission, most immigrants settle into rental accommodation. This early stage is typically focused on establishing financial security — including building credit history and saving for a down payment — which can present challenges in Canada’s competitive real estate market.
During this initial period, housing use (including rental and owned units) for new immigrants hovers around 300 units per 1,000 people, with a significant majority being rentals. However, as immigrants gain economic footholds, the gap between renters and homeowners begins to narrow.
According to Maple News, this gradual transition reflects not only improved economic outcomes over time but also the aspirations of newcomers who regard homeownership as a key milestone in their settlement journey. The study supports broader data that consistently shows immigrants catching up with — and in many cases surpassing — the homeownership rates of Canadian-born residents over time.
These insights also illustrate the value of long-term planning in immigration policy. Facilitating access to employment and financial services can significantly accelerate integration into Canadian society, including entry into the housing market.
As Canada continues to welcome record numbers of newcomers annually, understanding their housing trajectory will be key to addressing the country’s housing demand and affordability challenges. The Statistics Canada study offers a crucial look at how, with time and support, immigrants can thrive and contribute to Canada’s economic and social fabric through homeownership.
Maple News will continue to monitor and report on developments in immigrant integration and housing trends across Canada.