From @Financial Post

A new report from the Canadian Imperial Bank of Commerce says prices for the country’s most expensive high end homes are rising much faster than the overall market, skewing average values.

The report from deputy chief economist Benjamin Tal was released Wednesday and shows the top 10 per cent of detached homes in Vancouver, in terms of price, have risen between 200 per cent and 250 per cent in value over the last decade. The bottom 10 per cent of detached homes, by price, have only risen about 50 per cent during the same period.

Full article here: http://business.financialpost.com/personal-finance/mortgages-real-estate/canadians-mortgage-debt-ramping-up-fast-as-cheap-money-fuels-leap-in-luxury-home-prices