This Analytical product from the 2021 Census summarizes a study by Statistics Canada on housing affordability among recent and existing renters in Canada.
The study found that the growth in renter households was more than double that of owner households from 2011 to 2021. The summary examines the characteristics of recent renter households, such as their median monthly shelter costs and the likelihood of living in unaffordable housing. It highlights that not all renters are the same, where recent renter households faced higher monthly shelter costs and were more likely to live in unaffordable housing compared to existing renter households. It also found that more people are living in downtown cores, and recent renter households downtown are facing more housing affordability challenges. The study also explores the demographic factors associated with recent renters, including age, immigration status, and ethnicity.
Topics include the growth of renter households, housing affordability, racialized and non-racialized population housing experiences, characteristics of recent renter households, and demographic factors associated with recent renters.