Vancouver Average House Price Tops $1 Million
Vancouver Average House Price Tops $1 Million

From the popular song by the Barenaked Ladies…
If I had a million dollars
I’d buy you a house
If I had a million dollars
I’d buy you furniture for your house

It might be difficult to buy that furniture if you are buying an average single family residence in Vancouver.
Lower Mainland real estate west of the Fraser Valley hit a new money milestone in March — for the first time, the average price for a single detached home hit $1 million. But are there some storm clouds on the horizon?

Listen to the exclusive CBC radio interview with REIN’s VP Russell Westcott and Tsur Somerville as they discuss this milestone mark and what is means to the Vancouver Real Estate market.

Find out:

  • What you can buy for a Million dollars
  • Who’s buying these properties
  • Is this sustainable, what does the future hold
  • What are the concerns (if any) for the housing market in Vancouver

Radio interview courtesy of CBC radio one Vancouver´╗┐

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Vancouver Average House Price Tops $1 Million was last modified: April 21st, 2010 by admin
 

3 Responses to “Vancouver Average House Price Tops $1 Million”

Russell says:

April 14, 2010 at 10:19 pm

what a great interview… opened my eyes ­čÖé

 
 
 

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