Luxury home sales soar in Vancouver (via Business in Vancouver)
Wealthy investors are opening their wallets again as luxury home sales in Greater Vancouver skyrocketed 184% in the first quarter of 2010.
"Recovery in the upper end has been nothing short of remarkable," said Elton Ash, regional executive vice-president for RE/MAX of Western Canada. "This segment of the market was hardest hit when the recession took hold, yet its comeback has been fast and furious."
Sunday Times Rich List 2010: Britain's richest see wealth rise by one third (via Telegraph.co.uk)
The collective wealth of Britain’s 1,000 richest people has increased by almost a third in the past year despite the uncertain economy, according to the Sunday Times Rich List 2010.
British Rich Break Wealth Record (via The Wealth Report)
America isn’t the only country with an upstairs-downstairs recovery.
Like the U.S., Britain’s rich enjoyed a banner 2009 while the rest of the country remained mired in public deficits, bank bailouts and collapsed home prices.