New data from Statistics Canada spotlights some interesting things about the state of real estate in BC. StatCan_eng | realestate realestatenews BC housing
a new set of residential real estate investor data, including profiles of the types of owners in Nova Scotia, New Brunswick, Ontario, Manitoba, and British Columbia, as well as the kind of properties they owned.
The second type is the investor-occupant, who own a property with multiple residential units, including one that is used as their primary residence. This group includes homeowners with a laneway unit or basement suite, as well as owners of duplexes who live in one of the units. In 2020, approximately 23.3% of residential real estate owners in BC were investors, which is lower than Nova Scotia and New Brunswick , but higher than Manitoba and Ontario .
All in all, 36.3% of condos in BC are owned by real estate investors, a number that was lower than Ontario and Nova Scotia, but higher than Manitoba and New Brunswick.While 36.3% of condos in BC are owned by investors, just 16.5% of houses are owned by investors, meaning condos are more than twice as popular among investors than houses. This likely surprises few in Metro Vancouver, thanks to theBC’s overall 16.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Statistics Canada reports merchandise trade deficit $160 million in DecemberCanada posted a merchandise trade deficit of $160 million in December as both exports and imports fell compared with November, Statistics Canada said Tuesday.
Read more »
Statistics Canada reports merchandise trade deficit $160 million in DecemberOTTAWA — Canada posted a merchandise trade deficit of $160 million in December as both exports and imports fell compared with November, Statistics Canada said…
Read more »
Pamela Anderson joins Food Network Canada, while HGTV Canada renews 'Garden of Eden'Corus Studios says the model, actress and animal activist serves as host and sous-chef on a new series with the working title, Pamela's Cooking With Love.
Read more »
Pamela Anderson joins Food Network Canada, while HGTV Canada renews 'Garden of Eden'Eight new episodes of “Pamela's Garden of Eden” are in production and will continue to follow Anderson's efforts to renovate her grandmother's legacy property on Vancouver Island.
Read more »
TMX Group sees revenue, earnings rise in fourth quarter of 2022, full yearTMX Group reports revenue for the fourth quarter was $274.1 million, up nine per cent from $252.4 million a year earlier
Read more »
TMX Group sees revenue, earnings rise in fourth quarter of 2022, full year - BNN BloombergTMX Group says its revenue and earnings rose in the fourth quarter of 2022 compared to the same period last year, and announced an increase to its dividend of five per cent to 87 cents per common share.
Read more »