The Canadian real estate boom has seen prices rise throughout the country, and Vancouver has become the hottest market. Century 21 Real Estate completed a survey of worldwide real estate earlier this year, and determined that downtown Vancouver is the most expensive market in Canada for housing.
The average sales price for a condominium in Vancouver was just over $419,000 in Canadian Dollars, up 14.6% from last year. Housing prices have risen across the country; Toronto, the largest city in Canada has seen prices go up 15.7% from a year ago to $241,818 CD