Derrick Penner, CanWest News Services – Victoria Times-Colonist, January 4, 2007
The number of real-estate millionaires in British Columbia’s skyrocketing real estate market nearly doubled in 2006.
Data from the 2007 B.C. property assessments, crunched by Landcor Data Corp., shows that B.C. is home to 51,059 properties valued at over $1 million.
That figure was 26,557 in 2006.
The biggest group of new paper millionaires were homeowners.
Derrick Penner, Vancouver Sun, January 4, 2007
The number of real-estate millionaires in B.C.’s real estate market nearly doubled in 2006.
Data from the 2007 property assessments, crunched by Landcor Data Corp., shows that B.C. is home to 51,059 residential properties valued at more than $1 million.
That figure was 26,557 in 2006.
Most new paper millionaires own single-family houses. There are 38,027 such homes worth more than $1 million according to 2007 property assessments —