In 2013, about 54 percent of the total number of Single Family properties in the City of Vancouver were valued at over $1,000,000, while, in 2009, about 34 percent were worth over $1,000,000 when controlled for inflation.

This was an extremely interesting read in today's paper. So many amazing stats came from this article that I really suggest you to read it and look at all the map comparisons for 2012 versus 2009.

Interestingly more than 50 of Vancouver's land mass is occupied my single family homes, I found this surprisingly high given that it always seems hard to find new single family homes. Of course, supply and demand in our increasingly-popular-world-class city will not make the follow stat surprising:

In 2013, about 54 percent of the total number of Single Family properties in the City of Vancouver were valued at over $1,000,000, while, in 2009, about 34 percent were worth over $1,000,000 when controlled for inflation.

Take a read, there is lots of great information here at the following link:

http://www.btaworks.com/2013/03/02/the-erosion-of-vancouvers-one-million-dollar-line/

 

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