Greater Vancouver home price index rises above $1-million
To get an idea of what $1-million in real estate looks like, take a 40-minute bus ride east of downtown Vancouver to the suburb of Burnaby.On Union Street, a modest bungalow built in 1949 with a 1,114-square-foot main floor sold last summer for $1,055,000.Welcome to the Vancouver region, where million-dollar properties are far from dream homes. Benchmark prices for single-family detached houses in Greater Vancouver, including bedroom communities such as Burnaby and Richmond, exceeded $1-million Read more [...]