By Mike Laaneia, CBC News, September 6, 2016
But slowdown in Metro Vancouver’s real estate market could put that millionaire status in jeopardy
Rising real estate values have pushed the average net worth of Metro Vancouver households up over $1 million, making it Canada’s first “city of millionaires,” according to a study.
The Environics Analytics study claims the average net worth of Vancouver households rose 7.1 per cent last year to hit $1,036,202 by the end of 2015.
