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The number of GTA residential properties that bought for $1-million or extra in the first two months of this 12 months – largely indifferent houses, but also together with condos and townhomes – fell to 1,498, down fifty five per cent from the identical interval in 2017, in line with Sotheby’s International Realty Canada.
The variety of transactions for indifferent houses going for at the very least $1-million has fallen the hardest inside Vancouver’s metropolis limits, with 193 gross sales in the first two months of 2018, down 39 per cent from the same interval last 12 months. These homes will be built as excessive as three-and-a-half to four storeys tall on 33-foot-huge tons, provided a 20-foot shared courtyard is included between the existing home and the infill, based on the town’s 2013 West Finish Plan.
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