British Columbia

The Musqueam Indian Band of Vancouver plans to build two 22-storey residential towers on a 21-acre site near the University of British Columbia. The Musqueam received the land in 2008 as part of a settlement from the province.

The provincial government has given gave the final green light on the re-opening of the Quintette coal mine near Tumbler Ridge, about 150 kilometres northeast of Prince George.

Lower Mainland commercial real estate sales in the first quarter (Q1) of this year fell to the lowest level for sales volume in a first quarter since 2009, reports the Real Estate Board of Greater Vancouver.

A downturn in the resource sector has shaken Vancouver junior mining companies and spooked office landlords in the downtown core.

The cash wealth of the world's 12 million richest individuals grew 10 per cent last year to an astounding $46.2 trillion, according to the World Wealth Report, done for RBC Wealth Management. The number of super-rich increased by 9.

Harrison Hot Springs Resort and Spa has been sold for $32.3 million, according to CBRE Ltd., Vancouver. The buyer is Adestra Hotel Group, a Vancouver-based company reported to be backed by investors from China.

Prince George, the self-proclaimed "capital of Northern B.C.," is seeing economic growth nearly twice as strong as the rest of the province, according to a recent report.

Vacation-type real estate in British Columbia has seen prices swooning since 2008 but a new report says sales and prices are firming this season.

Kelowna Confidence in the market is also seen in Kelowna, B.C.'s third-largest city outside of the Lower Mainland. The green light has just been given to two high-rise residential towers.

Canadian real estate executives are bullish about their prospects for the coming year, according to the Canadian Real Estate Outlook by U.S.-based Ferguson Partners Ltd. Noted William J.