Humber/Ontario Real Estate Course 2 Exam Practice

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Prepare for the Ontario Real Estate Exam with our comprehensive Humber Course 2 Exam Practice quiz. Engage with multiple choice questions and detailed explanations, designed to help you excel.

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Which of the following is NOT a viable source of demographic data?

CMHC
GeoWarehouse
Local Real Estate Board
Genworth Financial Canada

The correct answer is: Genworth Financial Canada

Genworth Financial Canada is not a viable source of demographic data because it is a private mortgage insurance provider that primarily deals with providing mortgage insurance for lenders. While they may have information related to mortgage trends and borrower profiles, they do not specialize in demographic data collection. On the other hand, the other options are viable sources of demographic data: - CMHC (Canada Mortgage and Housing Corporation) is a government organization that provides a wide range of housing-related data and research, including demographic information. - GeoWarehouse is a real estate tool that provides access to property information, including details on neighborhoods, sales history, and demographic data. - Local Real Estate Boards often collect and provide demographic data related to specific regions or communities to help real estate professionals better understand the local market.