Non-Resident ownership of condo apartments remains low and stable

Posted on

< Back to Blog

OTTAWA, December 19, 2017 — The share of condominium apartments owned by non-residents remains low in the 17 Canadian Census Metropolitan Areas (CMAs) surveyed, with the majority reporting shares of less than 1%. Non-resident ownership shares remained stable in Vancouver and Toronto, while Montreal saw an increase. Results are from Canada Mortgage Housing Corporation’s (CMHC) Housing Market Insight — Canada released today

Click here to read more