The TAB’s Jonathan Dame has the discouraging figures and a graphic to illustrate it..

In 2015, for the first time ever, more homes sold for over $2 million than for under $600,000.

Just 9 percent of homes sold for less than $600,000 – down from more than 32 percent in 2009. And only two homes out of 734 – 0.27 percent – sold for less than $400,000.

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