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A new housing report offers detailed insight into how much of B.C.’s property market actually belongs to non-residents.

Compiled by the Canadian Housing Statistics Program, the report outlines the differences between non-resident owners and non-resident participation in the B.C. housing market, and whether assessments vary depending on the type of ownership.

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The report classifies a home as non-resident owned when the majority of owners are non-residents; homes are classified as resident owned if the majority of owners are residents.

Meanwhile, homes are classified as having non-resident participation if at least one non-resident participates in the ownership.

Photo by HANDOUT / CANADIAN HOUSING STATISTICS PROGRAM / PNG

According to the report, 6.2 per cent of properties in B.C. have at least one non-resident owner: 2.5 per cent of B.C. residential properties are owned by a mix of resident and non-resident owners, while 3.7 per cent are owned strictly by non-resident owners.