THE MONITOR

As housing prices have grown, the rate of home ownership, or the share of households that own the home in which they live (67.8% in 2016), remains near where it was before the 2008 financial crisis (68.4% in 2006). However, this drop is more pronounced given that the home ownership rate had been climbing steadily from around 60% in 1971 to 69% in 2011. Canadian Centre for Policy Alternatives