Foreign Ownership in Canada''s housing market remains low: CMHC reports
(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 11/30/16 -- The share of foreign ownership in condominium apartments remains low in major Census Metropolitan Areas (CMAs). This analysis is the result of combined insight from two Housing Market Insight reports released by Canada Mortgage and Housing Corporation today - a look at foreign ownership and a second report delving deeper into .
National Report Highlights
Montreal Report Highlights
This release includes .
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As Canada''s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers objective housing research and information to Canadian governments, consumers and the housing industry.
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QUOTES
"Foreign ownership is just one factor influencing Canada''s housing markets - but it''s an important one that continues to gain attention. Our studies show that the share of foreign ownership remains low and concentrated in newer, larger buildings located in the cores of major cities like Vancouver, Toronto and Montreal. We continue to work with our partners in finding new ways to bring this important story into sharper focus."
Bob Dugan
Chief Economist
Canada Mortgage and Housing Corporation
Contacts:
Jonathan Rotondo, Media Relations
(613) 748-2734
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Datum: 30.11.2016 - 12:31 Uhr
Sprache: Deutsch
News-ID 1473026
Anzahl Zeichen: 1887
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OTTAWA, ONTARIO
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Commercial Real Estate
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