There is a strong market for high-end condos, and that market has steadily grown in the past decade. In the downtown core, there were only 79 $1-million-plus condos sold in 2004; by 2014, that number had grown to 484, according to Landcor Data Corp.
http://www.theglobeandmail.com/life/home-and-garden/real-estate/vancouver-developer-shows-how-to-build-a-tower-of-luxury/article22605118/
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