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Vancouver Real Estate Prices Don't Compare Internationally

Vancouver recently started a real estate and development panel called RED Talks.
In the first discussion it was on topic about Vancouver's high real estate prices, but how they didn't seem as expensive when compared internationally. London, Moscow, Palm Beach, and Beverly Hills are also noted as some of the cities with the more expensive real estate. As of 2015, the most expensive home in Vancouver was $57 million, that being compared to Los Angeles with "nice" condo units being valued at $4 million and homes are being closed at $75 million.