Canadian Housing Statistics Program: residential real estate investors in 2020
Released: 2023-02-03
The article "Residential real estate investors and investment properties in 2020," released today, is the first of a series on real estate investors, published in Housing Statistics in Canada. With this article, the Canadian Housing Statistics Program is publishing data on the profile of investors in the real estate market and the residential properties they owned in 2020 in Nova Scotia, New Brunswick, Ontario, Manitoba and British Columbia for the first time.
Key findings
The proportion of investors among owners varied from 20.2% in Ontario to 31.5% in Nova Scotia.
Among houses and condominium apartments, just under one in five properties was used as an investment in British Columbia, Manitoba, Ontario, New Brunswick and Nova Scotia combined.
Condominium apartments were used as an investment more often than houses (single-detached houses, semi-detached houses, row houses, and mobile homes). Ontario topped the list with the highest rate of condominium apartments used as an investment, at 41.9%.
Houses used as an investment were mainly owned by individuals living in the same province as the property.
Note to readers
Definitions
An investor is defined as an owner who owns at least one residential property that is not used as their primary place of residence, excluding Canadian non-profit organizations. This category includes business and government entities, individual owners who live outside the province where they own property, non-resident owners, multiple-property owners and individuals who own a property with multiple residential units who do not occupy that property.
An investment property is defined as a property owned by at least one investor that is not the primary place of residence of any of the owners.
Products
The article "Residential real estate investors and investment properties in 2020," part of Housing Statistics in Canada (46280001), is now available.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).
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