New figures show massive growth in Metro Vancouver real estate prices
House price survey finds 25% growth in just one year in some sectors
The rapid price increases in Vancouver's real estate market are highlighted in a new survey released by Royal LePage - and the numbers seem almost unreal.
The survey shows the average price of a Metro Vancouver two storey house jumped to 23.6 per cent in one year, to $1.42 million.
Detached bungalows increased by a whopping 25.7 per cent, to an average price of $1.12 million.
Condominium prices shot up 9.5 per cent to an average price of $487,300.