Opaque Condo-Buyer Data Prompts Canada Housing Agency Report
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Canada’s housing agency is set to publish results of a Toronto and Vancouver condominium-owner survey as early as this week as it seeks to address economist and policy maker concern that not enough is known about what’s driving price gains, documents show.
Canada Mortgage & Housing Corp. surveyed condo investors -- those who purchased at least one condo that isn’t the owner’s primary residence -- in August and September 2013, according to documents obtained by Bloomberg through an Access to Information request. Most of the content, including the number of people Ottawa-based CMHC contacted, the survey questions and the results, was redacted.