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Almost three-quarters of the single, detached homes in Metro Vancouver are now assessed at $1 million or higher, a 50-per-cent increase from 2014. And the “million-dollar line” has spread deep into the suburbs.

“(What used to be) the top crust of residential real estate in Metropolitan Vancouver has now become the whole loaf,” said Andy Yan, director of the City Program at Simon Fraser University.

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Yan analyzed data from B.C. Assessment for 2018 and found 73 per cent of single-family homes in the region now top $1 million, including over 99 per cent of the homes in Vancouver, West Vancouver, the City of North Vancouver and the University Endowment Lands.

Houses in the District of North Vancouver, Burnaby and Lions Bay all top 97 per cent, followed by Richmond at 96.8 per cent and White Rock at 93.1 per cent.

What may surprise people is that 89.6 per cent of the houses in Port Moody are now assessed at $1 million, along with 82.6 per cent in Coquitlam and 75.6 per cent in New Westminster.