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British Columbia

"Done Deals" updated for January 2014

Done Deals is Western Investor's monthly feature highlighting some of the major real estate transactions across Western Canada’s vibrant commercial real estate market.

Credit Union bullish in BC housing outlook

British Columbia's housing market will experience steady but moderate growth in prices and sales over the next three years, says a new forecast by Central 1 Credit Union (Central 1). The median resale house price in B.C.

Northern BC hotel owners cry foul on taxes

Hotel owners in Northeast BC says taxes should be levied on homeowners renting on a short-term basis to “level the playing field” in a surprisingly tough market.

Boomtown realtors frustrated by lack of product

Realtors in two northern B.C. boomtowns are frustrated by a lack of product in the face of huge buyer demand.

Vancouver offices facing double-digit vacancy by 2015

In a projection for office vacancy rates in four western cities, Cushman Wakefield sees inventory growing in two and tightening in the others.

Delta developers cheer new bridge

Delta landowners and developers who stand to gain from better access to Richmond and Vancouver are applauding the B.C. government's commitment to replace the 54-year-old George Massey Tunnel.

Office market demand slumps

A grim business investment outlook has cooled office demand in Metro Vancouver according to a panel of commercial real estate experts convened by NAOIP.

5 hot housing markets, include some you've never heard of

Western Investor picks five hot housing markets for residential investors in 2014, including a couple of small-town sleepers that may hold the best potential in the West.

China buyers snap up B.C. hotels

Nanaimo officials have unanimously approved a development permit for a China-backed downtown hotel development worth an estimated $50 million.

Power corridor

As well, Osprey Village, a trendy mixed-use residential and retail project, is underway on the river with at least 12 new storefronts. Retail space is being sold in Osprey Village for around $250 a square foot.