University Endowment Lands: Macdonald Realty Group

Macdonald Realty Dept: In the Point Grey neighbourhood on the west side, the 18 priciest listings this week range from $5.29-million to $13.898-million. On the University Endowment Lands, asking prices for nine top-tier listings range from $5.388-million to $23.8-million, according to Globe and Mail. In 2011, there were 691 homes in the Vancouver region that sold for $3-million or higher, including 142 properties for $5-million or more, according to Macdonald Realty s tally. This extreme high-end market barely saw any action in 2003, when there were 23 houses that fetched $3-million or more, with only two selling for $5-million or higher and map: Pinpointing the locations of Brent Jang s Neighbourhood Watch columns These high-end homes are so disconnected from the rest of the market, and there are relatively few sales in the luxury bracket, said Dan Scarrow, vice-president of corporate strategy at Macdonald Realty Group. His analysis of Metro Vancouver s most expensive houses shows a heavy concentration on the west side, where the wealthy remain rich. (www.immigrantscanada.com). As reported in the news.