Thank you, Mr. Chair.
Thank you to our witnesses for coming today.
If you look at the data, there's a 7% year-over-year increase in prices, but if you remove the GTA from the data, it's flatlined across the country, which I found very interesting. I think that we're well regulated in the housing market, and I think that the latest regulations from the federal government were the right thing to do to control the temperature in the housing market.
My concern is, are we asking the right questions? In terms of foreign investment—and I don't know if you'll be able to answer this question, but this is something I'm concerned about at a local level and on a broader macro level across the country—does the data track if a foreign investor buys the house in cash? If somebody from China, for instance, or anywhere in the world, to be honest, purchases a property in the GTA or anywhere in Canada and pays cash for it, is that data tracked in terms of foreign home purchases?