Lance Brown, vice president, marketing for Aspac Developments, was growing tired of hearing about the “weak housing market” so he asked a member of his sales staff to investigate sales of high-end homes. Lance reported that, from March until late April, there were 41 sales of homes priced at more than $1 million in West Vancouver. During the same period, there were 135 sales over $1 million in Vancouver’s West End, with 37 of those homes selling for more than $2 million. That adds up to 176 sales totalling nearly $300 million in a little more than six weeks in those two toney geographic areas alone.
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