How Immigrants in Canada Achieve Homeownership Faster in 2025?

Written by

Mynaz Altaf

Fact check by

Shreya Pandey

Updated on

Jun 30,2025

How Immigrants in Canada Are Achieving Homeownership Faster? - TerraTern

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Over time, people from Canada’s immigrant community have been playing a bigger role in the country’s housing market. Findings from Statistics Canada research using 2021 information show that newcomers in Canada are buying homes more effectively than in the past and overtaking Canadian-born residents in homeownership within a span of two decades. During this trend, immigrants have shown their strength to adjust and participate in the economy, yet the country still struggles with housing and immigration issues.

The Homeownership Journey: From Renting to Owning

Let us go through the homeownership journey below:

Early Years: Renting Dominates

Most immigrants usually spend their first five years in Canada renting a place. During this time, it is essential to improve your finances, create a good credit record and save for buying a place. Among recently arrived immigrants, 70 out of every 1,000 live in homes they own, whereas 236 rent their homes. At this point in society, people are using about 300 dwelling units for every 1,000 people, whether rented or owned.

Sixth Year: The Tipping Point

Throughout the sixth year, immigrants are more likely to own homes than to rent them. The number of owned homes goes up continuously during these years, from 147 to 218 for every 1,000 individuals. At this stage, immigrants build up their finances and gain a steady place in Canada’s economic system.

Decades of Steady Shifts

The trend is unchanged from the 11th year ahead. Owning a home is becoming more popular for immigrants, and renting is slowly decreasing. At 15 years, 267 immigrant households have acquired homes, and this rises to 321 per 1,000 by the 20th year. Now, immigrants use housing at a greater rate than Canada-born residents, with units totalling 454 per 1,000 people for immigrants and 397 per 1,000 for those born in Canada.

Also Read: Canada’s First Express Entry Draw Under New Immigration Minister: Know More

Key Statistics: Homeownership by Years Since Arrival

Here are the key statistics of homeownership:

Years Since Arrival

Owned Units per 1000

Rented Units per 1000

0

52

269

1

70

236

5

147

170

6

177

164

10

218

150

15

267

143

20

321

132

By the 20th year, immigrants’ overall housing use (owned plus rented) is 454 units per 1,000 people, outpacing the Canadian-born average of 397.

Why Do Immigrants Achieve Homeownership Faster?

The immigrants achieve homeownership faster in the following ways:

1. Economic Immigrants Drive the Trend

Many new immigrants join the country through economic immigration because they are chosen for their job and study backgrounds. Because they earn more and get better jobs, these immigrants tend to save up and buy property earlier than most newcomers to the U.S.

2. The Arrangement of Families and Cultural Values

Often, when they first move to the United States, people stay with family members, whether those relatives are parents, grandparents or siblings. By using this arrangement, people can keep their expenses low and deal with financial issues when they first settle in another country. As immigrants earn more, they tend to live in smaller households, have children move out and match the Canadian way of living. As a result, the number of people who own their homes increases.

3. Financial Stability and Establishing a Good Credit Score

When arriving in Canada, individuals tend to focus on increasing their credit, seeking regular jobs and putting together savings. Some immigrants who have built these essential foundations find it easier to purchase a house, usually because they are careful with their finances and think ahead.

Also Read: Indians Top List as Largest New Citizens Group in Canada: Citizenship Week

Comparing Immigrants and Canadian-Born Homeownership

According to the study, the homeownership rates of immigrants increase over time and eventually go beyond those of people born in Canada. Within 15 years, immigrants use more housing than those who were born in Canada, and the difference keeps increasing as the years go on.

Policy Context: Immigration, Housing, and Economic Integration

Policymakers in Canada stress economic immigration since economic immigrants often manage to build up their finances quickly and buy homes sooner. Nearly six out of every ten persons granted permanent residence in Canada from 2025 to 2027 will do so through economic programs, according to the Immigration Levels Plan. The process addresses employee needs and ensures the housing market stays stable over the long term.

Canada is taking actions to address the housing problem, for example, by limiting the number of temporary residents and adding funds for new housing development. They are created to help newcomers adjust well to Canada and avoid worsening the housing shortage.

Conclusion

Buying a home from renting is a key part of becoming an immigrant in Canada. As a result of paying attention to economic integration, financial control and new household arrangements, immigrants are succeeding in getting their own homes and are now recognised for their dedication to success. While Canada continues to improve its policies toward immigration and housing, more immigrants are buying homes, showing how dedicated and successful Canada’s immigrants are

To learn more about the latest immigration news, contact TerraTern right away!

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Frequently Asked Questions

How long does it take for most immigrants in Canada to buy a home?

Most immigrants transition from renting to owning by their sixth year in Canada, with homeownership rates continuing to rise steadily thereafter.

Do immigrants eventually surpass Canadian-born residents in homeownership?

Yes. By the 20th year in Canada, immigrants’ homeownership rates and overall housing use exceed those of Canadian-born residents.

What factors help immigrants achieve homeownership faster?

Key factors include economic selection (job skills, education), initial shared living arrangements, financial discipline, and cultural emphasis on property ownership.

Is the trend the same for all immigrant groups?

While economic immigrants drive much of the trend, all groups see increased homeownership with time, though rates and timelines may vary based on background and circumstances.

How do Canadian immigration policies support this trend?

Policies prioritize skilled workers and economic immigrants, who are more likely to achieve financial stability and homeownership, while also addressing housing supply and affordability.