Vancouver ranks among the world’s most active luxury-home markets, says Jeffries London.

The Canadian city ranked sixth among the 17 most active super-prime homeseller hotpots. Vancouver placed ahead of such highly sought-after markets as London, Hong Kong, Madrid, Dubai, Paris and Rome.

Jeffries London is the London office of global investment-banking and capital- markets firm Jeffries. The company defines a super-prime home as one listed for more than £3 million, or approximately C$5.5 million.

In the period surveyed, Vancouver had 4,878 available super-prime homes listed for sale, at an average price of about £5.5 million (C$10.1 million).

In spite of the current global economic turbulence, top-tier residential real estate continues to change hands, said Damien Jeffries, founder of Jeffries London.

“Whilst some areas are seeing stronger levels of buyer activity than others, the appeal of these markets remains timeless and, whilst market values may ebb and flow, they will always maintain their appeal amongst those looking to purchase in the most exclusive markets in the world,” he added.

Vancouver accounted for 6.1% of the available listings among the top 17 markets.

Monaco was the most active hotspot, while Geneva, Singapore, Los Angeles and New York rounded out the top five.

World’s Most Active Super-Prime Homeseller Markets

• Monaco
• Geneva
• Singapore
• Los Angeles
• New York
• Vancouver
• London
• Hong Kong
• Madrid
• Dubai
• Paris
• Sydney
• Berlin
• Auckland
• Mumbai
• Rome
• Athens

Source: Jeffries London

Pictured: Vancouver luxury condominium listed for sale at price of approximately $9 million.

Photo: JamesEdition/Engel & Volkers