Variant of NAICS 2017 Version 3.0 - Industrial production (based on the 2008 International Recommendations for Industrial Statistics)

2 - Other than industrial production

53 - Real estate and rental and leasing

This sector comprises establishments primarily engaged in renting, leasing or otherwise allowing the use of tangible or intangible assets. Establishments primarily engaged in managing real estate for others; selling, renting and/or buying of real estate for others; and appraising real estate, are also included.

531 - Real estate

This subsector comprises establishments primarily engaged in renting and leasing real estate, managing real estate for others, acting as intermediaries in the sale and/or rental of real estate, and appraising real estate.

• Exclusion(s)

  • acquisition, assembly, subdivision into lots and servicing of raw land for subsequent sale to builders (See 237210 Land subdivision)
  • construction and development of buildings (See 23 Construction)
  • providing short-term lodging for travellers, vacationers and others (See 721 Accommodation services)

5312 - Offices of real estate agents and brokers

This industry group comprises establishments primarily engaged in 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.

53121 - Offices of real estate agents and brokers

This industry comprises establishments primarily engaged in 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.