Annual Survey of Service Industries: Real Estate Agents, Brokers, Appraisers and Other Real Estate Activities

Detailed information for 1997

Status:

Active

Frequency:

Annual

Record number:

4706

This survey collects the financial and operating data needed to produce statistics on the Real Estate Agents, Brokers, Appraisers and Other Real Estate Activities businesses in Canada.

Data release - September 1999

Description

This survey collects the financial and operating data needed to produce statistics on businesses in Canada. These data will be aggregated with information from other sources to produce official estimates of national and provincial economic production in Canada, as well as official estimates of activity. Those estimates are used by government for national and regional programs and policy planning and by the private sector for industry performance measurement and market development.

The data were produced as part of Statistics Canada's Unified Enterprise Survey (UES), the main purpose of which is to ensure Statistics Canada receives consistent and integrated data from many types of surveys and sizes of businesses with enough detail to produce accurate provincial statistics.

The survey was first tested for reference year 1997
and the first public release of the data was for reference year 1998.

Under the North American Industrial Classification System (NAICS), this industry is comprised of establishments primarily engaged in:

a) NAICS 531210: renting, buying and selling real estate for others on a fee or commission basis. These establishments assist vendors by advertising and listing properties and conducting open houses for prospective buyers, assist prospective buyers by selecting, visiting and making purchase offers. They may also rent or lease properties on behalf of clients;

b) NAICS 531320: appraising the value of real estate and preparing appraisal reports for creditors, insurance companies, courts, buyers, sellers or auctioneers;

c) NAICS 531390: providing real estate related services where not classified to any other industry.

Please note that for the purpose of this document the coverage indicated under c) NAICS 531390 will be excluded as it has been deemed non-usable. The reason for this exclusion is due to poor data quality.

Statistical activity

The survey is administered as part of the Unified Enterprise Survey program (UES). The UES program has been designed to integrate, gradually over time, the approximately 200 separate business surveys into a single master survey program. The UES aims at collecting more industry and product detail at the provincial level than was previously possible while avoiding overlap between different survey questionnaires. The redesigned business survey questionnaires have a consistent look, structure and content. The unified approach makes reporting easier for firms operating in different industries because they can provide similar information for each branch operation. This way they avoid having to respond to questionnaires that differ for each industry in terms of format, wording and even concepts.

This survey is part of the Service Industries Program. The survey data gathered are used to compile aggregate statistics for over thirty service industry groupings. Financial data, including revenue, expense and profit statistics are available for all of the surveys in the program. In addition, many compile and disseminate industry-specific information.

Reference period: Calendar year

Subjects

  • Business, consumer and property services
  • Business performance and ownership
  • Financial statements and performance
  • Rental and leasing and real estate

Data sources and methodology

Target population

The target population consists of all statistical establishments (sometimes referred to as firms or units) classified as Real Estate Agents, Brokers, Appraisers and Other Real Estate Activities according to the North American Industry Classification System (NAICS) during the reference year.

Sampling

This is a sample survey.

This survey is a Sample Survey with a take-all portion.

The survey design was based on probability sampling and covered only the portion of the frame subject to direct data collection. Each sampled firm represented a number of other, similar firms in the industry, based on the probability of being surveyed. The largest firms were included in the sample with certainty due to their significant contribution to industrial performance.

The firms selected for this survey represent only a small portion of the entire survey frame; therefore, in order to make the sample as efficient as possible, the sampled units were stratified by province/territory and industry at the NAICS 5 digit level. For each province/territory/NAICS, sampling units were stratified in four size strata that were defined by the total revenue of the sampling unit. For the size stratification, there is one take-all stratum for the large sampling units, two take-some strata for the medium ones (a large and a small), and one take-none stratum for the small ones. The sample was selected using simple random sampling within the strata; therefore, each cluster of establishments had the same chance of selection within a stratum.

Sample size

In order to compensate for non-response (for example, companies which cannot be contacted because they have moved or gone out of business) the size of the sample was increased. The resulting sample drawn for the surveyed portion alone (including NAICS 531390) totalled 1,910 companies.

Estimation

As part of the production of final numbers, data for companies operating in more than one province or territory are allocated to the provincial level. Administrative data are used to estimate for the portion of the industry that was excluded from survey activity (i.e. small firms whose revenues fell below cut-off thresholds). Sampled data are then weighted to produce estimates representative of the target population.

Disclosure control

Statistics Canada is prohibited by law from releasing any information it collects which could identify any person, business, or organization, unless consent has been given by the respondent or as permitted by the Statistics Act. Various confidentiality rules are applied to all data that are released or published to prevent the publication or disclosure of any information deemed confidential. If necessary, data are suppressed to prevent direct or residual disclosure of identifiable data.

Documentation

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