BUSINESS

Most Expensive Houses For Sale In Canada, March 2013 (PHOTOS)

03/29/2013 10:14 EDT
Macdonald Realty

They say Canada's housing market is slowing down, but you might not know it looking at the top end of the housing market.

A recent report from Sotheby's International Realty found the luxury housing market is still booming in Canada, with sales of top-end homes in Toronto jumping 13 per cent in the past year. Calgary took the crown, with luxury sales jumping 20 per cent, year over year.

The exception was Vancouver, where a severe slowdown in housing sales pulled down the luxury market as well, by a whopping 34 per cent.

Despite this, greater Vancouver is still home to the most expensive house for sale in Canada -- a distinction it has held every time The Huffington Post Canada surveyed the housing market.

And forecasters are calling for the luxury housing market to continue booming. A study from real estate consultancy Knight Frank predicts the number of very rich people in Canada -- those with more than $30 million in assets -- will grow by 35 per cent in the next 10 years, which will likely put upward pressure on the luxury housing market.

So as astronomical as these prices are, prepare to see higher prices in the years to come.

Here are the most expensive houses for sale in Canada, broken down by province.

Also on HuffPost

The Most Expensive Houses For Sale In Canada - March 2013