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Changing Patterns in Canadian Homeownership and Shelter Costs, 2006 Census: Housing life cycle
Shelter costs increase at faster pace for owners
Shelter costs reported by Canadian households increased faster than consumer prices, as measured by the Consumer Price Index (CPI) between 2001 and 2006. In addition, they rose faster for owner households than for renter households.
Median shelter cost for Canadian households increased 18.5%, to $8,966. During this period, the CPI increased by 11.3%.
For renters, the increase was slower. Shelter costs for renter households rose 12.8%, to $8,057. For owner households, spending increased 21.6%, to $10,056.
