Vancouver housing market is NUTS!

Dear Readers:

Wanna know just how crazy the Vancouver housing market is becoming?

 This 4,592 square-foot English Tudor-style home, located in the Shaughnessy neighbourhood, was built in 1922 by the same architecture firm that built Vancouver's city hall.


It was recently put up for sale, with an asking price of $7.38 million, and part of the listing promotes that the home may potentially be torn down.

It reads, "Almost ready for the development permit, saving months and months of time to begin building your brand new home to your taste."

Javier Campos from the Vancouver Heritage Society says more needs to be done to protect heritage homes in the city. "We don't have a lot of these examples left," he told CTV Vancouver.

Here's another example of a house in the same price range that was sold just to be torn down! (Hint, take a look at the Real Estate saleswoman ......, and try and guess who bought this house?)