buyer offers 1 million over asking for little house in west vanco

[Lorin K.]

Well, all the news about Asians buying the tearing down little old homes in west Vancouver does not apply to this house. This house was renovated and sold for one million over asking. What is this kind of activity doing to the buyers who are making a regular living here? it has totally priced them out of the market. 

http://vancouversun.com/business/real-estate/vancouver-home-sells-for-1-million-over-asking-price