Mansion Sales Surge 240% in Vancouver, Canada's Hottest Market.

In the luxury segment, houses worth C$10 million or more are staying on the market for a shorter time, weeks rather than months, said Kevin O'Toole, managing broker at Sotheby's in Vancouver. (Bloomberg) -- Even the ultra-wealthy are finding they're not immune to Canada's housing shortage, and nowhere is that truer than in the country's most expensive major market, Vancouver. [Extracted from the article]