the province

43% of homes in Metro Vancouver worth over $1 million

By: Alex Smiciklas In his latest research, Andy Yan, SFU City Program director, showcases that in 2016, the percentage of Metro Vancouver homes worth more than $1 million jumped from 28% to 43%. In previous years, Yan’s data had only included Vancouver proper, but the symbolic line that once only lived between the west and east side of the city has been pushed further out, including the increasing home prices within Metro Vancouver. The 2016 assessments taken in July 2015 saw Richmond, Burnaby, North Vancouver, West Vancouver, and Vancouver combined having over 60% of homes worth at least $1 million. B.C.…

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