May 2, 2015

Slightly expensive housing market: Vancouver home sells for more than $2 million above listed price

Source: National Post

A Vancouver home sale that closed this month at more than $2 million — or 33 per cent — above the listed price is the latest eyebrow-raising real-estate deal in a city racked by worries about affordability.

The home, at 1383 West 32nd Ave. in Vancouver’s tony Shaughnessy neighbourhood, was listed for $5,990,000 on Feb. 5 of this year, according to its MLS listing. It sold for $8,010,000 on Feb. 17, and the sale was finalized on April 16.