I am a Markham resident. I can tell you that 9.1% is understated by a couple of orders of magnitude in our area (Unionville). I would not be surprised if it were closer to 50-60%.

For years Markham Council members have tried to debunk the claims that offshore investors are causing the real estate frenzy. The position of developers is well known and our council has always favoured developers in these debates. I am glad that some facts are being collected but I hope they will not be distorted by sloppy reporting by the media (previously announced 4.7%). I would encourage the G&M to dig deeper to understand this data and not just parrot what the Province releases in a Press Release. Ask questions please.