March home sales and new listings set records in Metro Vancouver VANCOUVER, BC –…
There’s one part of Metro Vancouver where non-residents own more than one in 10 of the homes, according to data released by Statistics Canada on Tuesday.
But just like the last time the agency released data on non-resident homeowners, a different picture emerges when you drill deeper into the numbers.
The data comes via the Canadian Housing Statistics Program (CHSP), an effort by Statistics Canada to track information on non-resident property ownership in B.C. and Ontario.
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The latest release, which came after a separate one in December, provided revised data on property ownership in both provinces.
This one included a list showing the share of non-resident ownership in various municipalities, which were cited in the report as Census Subdivisions.
Non-resident ownership was relatively high in a number of communities known as vacation areas, such as Sun Peaks Mountain (16.5 per cent), Whistler (15.5 per cent) and Strathcona Electoral Area B (15.4 per cent), which includes Cortes Island.