The table illustrates the proportion of households living in owned and rented residences in Toronto and Brampton over a 25-year period, from 1990 to 2015.
Overall, both cities saw a clear trend of increasing home ownership and a corresponding decrease in rental accommodation percentages. Brampton consistently had a higher percentage of owned homes compared to Toronto throughout the entire period.
In Toronto, the percentage of owned accommodation started at 52% in 1990 and steadily rose to 65% by 2015. Conversely, rented accommodation decreased from 48% to 35% during the same timeframe. The most significant increase in ownership occurred between 2000 and 2010, rising from 56% to 61%.
Brampton displayed a similar pattern but with higher figures. Owned homes accounted for 60% of households in 1990, growing to 78% by 2015. Rental properties, meanwhile, dropped from 40% to 22%. This indicates a more pronounced shift towards home ownership in Brampton.