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The number of transactions for detached homes going for not less than $1-million has fallen the hardest within Vancouver’s metropolis limits, with 193 gross sales in the first two months of 2018, down 39 per cent from the identical interval last 12 months. These homes will be built as excessive as three-and-a-half to 4 storeys tall on 33-foot-huge lots, provided a 20-foot shared courtyard is included between the prevailing home and the infill, based on the city’s 2013 West End Plan.
The variety of GTA residential properties that bought for $1-million or extra within the first two months of this yr – principally indifferent houses, but also including condos and townhomes – fell to 1,498, down 55 per cent from the identical interval in 2017, according to Sotheby’s International Realty Canada.
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