Non-resident Ownership of Residential Properties in Toronto and Vancouver: Initial Information from the Canadian Housing Statistics Program

This article in the Economic Insights series highlights new data on the ownership of residential properties in Toronto and Vancouver by non-residents of Canada. It reports on the prevalence of non-resident ownership for different types of housing, including single-detached houses, semi-detached houses, row houses and condominium-apartments, and compares the property values of non-resident and resident-owned assets. Information on the location, age and size of condominium-apartments is used to assess differences in the value of non-resident owned properties.