The group conducts an annual survey of homeowners and prospective homeowners across the country. This year, 2,000 people answered an online survey by Bond Brand Loyalty in October 2014.

CAAMP has found the average down payment made on a first home is unchanged over the last 35 years, at about 21 per cent.

But the number of respondents who said they relied on a gift from their parents jumped from 2010 to 2014, as home prices rose steeply in most urban areas.

During that period, first-time buyers said 11 per cent of their down payment was a gift from family and six per cent was a loan.

Not driving the market

That's up sharply from those who bought in 2000 to 2004 who said six per cent of the down payment was a gift from parents and six per cent was a loan. The survey indicates some parents have always helped with putting together a down payment, but the amount given as a gift has risen.

CAAMP doesn't believe the increase in parental support is driving home prices higher.

"Even at this relatively elevated share, we cannot say that this source of funds has become an important driver of the market," the report said.

In fact, a third of 18- to 35-year-olds who had not bought a home said they were waiting for prices to fall and their personal savings to increase before buying.

Personal savings remain the largest portion of down payments on a house, at 40 per cent.

The CAAMP study also points to the ability of homeowners to pay down their mortgages in the current low-rate environment.

Story continues below