A Portrait of Residential Property Owners in Nova Scotia, Ontario and British Columbia, 2018
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Description: A Portrait of Residential Property Owners in Nova Scotia, Ontario and British Columbia, 2018
A Portrait of Residential Property Owners in Nova Scotia, Ontario and British Columbia, 2018
Province | Owners | Residential properties |
---|---|---|
British Columbia | 2,200,000 | 1,700,000 |
Ontario | 6,100,000 | 4,800,000 |
Nova Scotia | 504,000 | 450,000 |
The share of owners who own more than one residential property in a province is highest in Nova Scotia
Owners of multiple properties
- 22% of owners in Nova Scotia
- 15% of owners in Ontario and British Columbia
Condominium apartments in the census metropolitan areas are less likely to be owner-occupiedFootnote 1 than single-detached houses
Condominium apartment | Single-detached house | |
---|---|---|
Vancouver CMA | 63% | 85% |
Toronto CMA | 63% | 91% |
Halifax CMA | 58% | 86% |
In British Columbia and Ontario, 23% of individual resident owners are immigrants,Footnote 2 compared to 4% in Nova Scotia.
The highest share of immigrant owners in all three province were admitted via the Federal Skilled Worker Program.
Province | Age |
---|---|
British Columbia | 56 |
Ontario | 54 |
Nova Scotia | 57 |
Province | Proportion of millennialsFootnote 3 among individual resident owners | Proportion of millennialsFootnote 3 among persons aged 18 and above |
---|---|---|
British Columbia | 14% | 33% |
Ontario | 15% | 34% |
Nova Scotia | 12% | 30% |
Source: Statistics Canada, Canadian Housing Statistics Program (CHSP); Annual Demographic Estimates: Canada, Provinces and Territories.
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