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Vancouver sets new record for high-end sales

Written by Kam Brar | Jan 20, 2015 6:05:48 PM

Vancouver hit a new record for high end sales in 2014.

According to the Macdonald Realty Group, the city saw 842 properties selling for $3 million or more, an increase of 31 percent 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.