Humber/Ontario Real Estate Course 3 Exam Practice

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Which of the following is NOT considered a source of demographic data in real estate?

  1. CMHC

  2. Genworth Financial Canada

  3. GeoWarehouse

  4. Local Real Estate Boards

  5. Provincial Statistical Bureau

  6. National Research Council

The correct answer is: National Research Council

The National Research Council is primarily focused on scientific research and innovation in Canada and is not a direct provider of demographic data relevant to the real estate sector. While it may contribute knowledge in various fields, it does not specialize in the demographic insights that influence real estate markets. In contrast, other entities listed, such as the Canada Mortgage and Housing Corporation (CMHC) and provincial statistical bureaus, are directly involved in collecting, analyzing, and disseminating demographic data that can impact real estate trends. Local real estate boards also gather data on housing markets and demographics to support members and clients. GeoWarehouse is a tool that provides access to property data, which includes demographic information. By selecting the National Research Council, the distinction is clear that it does not fit within the context of sources specifically aimed at providing demographic data for real estate purposes.

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