Home Builder Canada Readers survey
newsletter
NP_lineHome Builder Magazine New Products Online
NP_line
Computers, Educational
&Technology

NP_line
Electrical & Mechanical
NP_line
Exteriors
NP_line
Finishes & Surfaces
NP_line
Kitchens & Baths
NP_line
Landscape & Design
NP_line
Speciality Products
NP_line
Structural
NP_line
Tools & Equipment
NP_line
Windows & Doors
NP_line
New Products home
NP_line



External Links: Associations & Governments. Builders & Renovators . Manufacturers & Suppliers

Home . About Us . Subscribe . Advertise . Editorial Outline . Contact Us . Current Issue . Back Issues . Jon Eakes



© Copyright - Work-4 Projects Ltd.

CMHC: Foreign Ownership in Canada’s Housing Market Remains Low

 

OTTAWA — Analysis from two new Housing Market Insights shows that the share of foreign ownership remains low. In some CMAs it even declined over the last year. Foreign ownership of condominiums was highest in Vancouver (2.2%) and Toronto (2.3%). However, both markets saw a decline in foreign ownership compared to last year.
Within Vancouver and Toronto, foreign ownership continues to be highest among newer and larger buildings in central areas. In Toronto, the share of foreign ownership rose in buildings completed since 2010 (3.9%), and in buildings with more than 500 units (5.5%). In Vancouver, newer buildings saw a 5.0% share of foreign owners while buildings with more than 100 units reported a 3.2% share. Beyond Vancouver and Toronto, the share of foreign owners ranged from a low of 0.2% in Saskatoon and Regina to a high of 1.2% in Halifax. To read the complete report, click here


homeBUILDERcanada.com | Home BUILDER Magazine | Canada's #1 Information Source for Residential Home Builders and Professional Renovators

HB house ad sub
Home Builder Magazine Ask Jon Eakes
Home Builder current issue