The homeownership rate in the Greater Toronto Area (GTA), specifically for the Toronto Census Metropolitan Area (CMA), was 65.1% in 2021.
This figure represents the proportion of private households that are owner-occupied within the Toronto CMA. Homeownership rates are a key indicator of housing market conditions and can reflect factors such as affordability, housing supply, and demographic trends.
Homeownership Rates in Major Canadian Metropolitan Areas (2021)
To provide a comparative view, here is how the homeownership rate in the Toronto CMA stands against other large Canadian metropolitan areas in 2021:
| Geography | Homeownership Rate (%) |
|---|---|
| Toronto | 65.1 |
| Kitchener - Cambridge - Waterloo | 64.6 |
| Vancouver | 62.1 |
| Québec | 58.3 |
These rates highlight the differences in housing landscapes across Canada's major cities. The Toronto CMA's rate of 65.1% indicates that a majority of residents in the region own their homes.
