British Columbia

Incomes for hotels in British Columbia are trailing the entire nation. A snapshot taken during April 14-21 showed average revenue down 15.1 per cent, compared to a national average of -1.8 per cent. As a comparison, Alberta hotels posted a 9.

Near half-price luxury ski condos in the Kootenays; 11 acres of walk-on Vancouver Island oceanfront for $74,000; and a 50-acre, 22-house ghost town near Whistler for less than the cost of a West Vancouver bungalow.

Construction industry insiders say implementation of the B.C. Building Code, introduced in December 2012, has been delayed for months. At issue is the revised code's reference to the North American Fenestration Standard (NAFS).

A growing overhang of new and unsold condominiums in Metro Vancouver has driven prices back to 2007 levels says Urban Analytics, which publishes the New Home Source.

Retail and real estate analysts believe that large retailers such as Walmart or Target could start pushing for the construction of a new shopping mall on either of two downtown Vancouver blocks that are ripe for redevelopment.

While Canadians can still find deals in Phoenix, the window is quickly closing on the bargain-priced often foreclosed real estate that characterized Arizona's largest city for the past five years.

Commercial real estate construction in Metro Vancouver rose 2.3 per cent in the first quarter, compared to the previous quarter, to $586 million.

There has been no net office space leased in downtown Vancouver in the past three months and, if Burnaby is taken out of the equation, suburban markets are also reporting "negative absorption" since January, says a report from DTZ Commercial, Vancouv

Real estate rush could become a stampede as $25B refinery wins big-time backing BY WI/BIV STAFF A wave of real estate investing in Kitimat could build into a tsunami this year as financing has been secured for the first oil refinery in Western Canada

Housing sales across B.C. totalled 5,661 units through MLS in March, reports the BC Real Estate Association. This is up 6.6 per cent from February but down 17 per cent from March of last year.