Super rich love Vancouver and Toronto

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The world’s super-rich love buying property in Vancouver and Toronto according to a new report from realtors Knight Frank. The study found that New York and Aspen top the list of 100 global locations favored by the wealthiest investors but Vancouver and Toronto also make the top 30 at numbers 25 and 30 respectively. To be considered wealthy for this poll buyers need at least U$30 million in assets and their spending power pushed up prices of luxury homes by 7.5 per cent in Vancouver and 5.3 per cent in Toronto for the 12 months to December 2014. See the top 100.

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