High-end sales hit new record in Vancouver
The number of Vancouver properties selling for $3 million or more hit a new record last year. The Macdonald Realty Group reports that there were 842 properties in the price bracket in 2014, an increase of 31 per cent from 2013. While most of the high-end homes sold were single-family detached properties there were also many condos at higher prices. The record for homes selling above $5 million was also broken last year with 199 sales, beating 2013’s high of 148.