British Columbia

Commuting from Vancouver to a home in the Fraser Valley can save a homeowner about $14,000 for every minute driving, says an Abbotsford realtor.

Vancouver real estate professionals say that, despite the hype, social media has largely proven a flop when it comes to selling real estate.

Buying office space as strata, rather than leasing, is becoming a major market push in Surrey, led by the success of a new 65,000-square-foot office tower at Morgan Crossing.

Developers are preparing to launch hundreds of new homes and local municipalities are redrafting bylaws in preparation for the new $1.4 billion Evergreen Line that will run from Coquitlam to Port Moody starting in 2016.

Approximately two million square feet of suburban office space is sitting vacant, representing more than two-thirds of all the vacant offices in Metro Vancouver, according to a report from commercial realtor Avison Young.

A bid to build B.C.'s largest shopping complex on former Agricultural Land Reserve near the Tsawwassen ferry terminal in South Delta appears a done deal after members of the Tsawwassen First Nation voted to proceed.

Owners of commercial stratas may be forced to deal with a problem traced to poorly managed residential condo buildings. "The [B.C.

B.C.-born Janet LePage, 30, principal of Vancouver- based Lepage Property Investments Ltd. has advice for other Gen-Yers who can't afford to buy a Vancouver house: buy in Phoenix, Arizona and leverage into the Vancouver market.

The B.C. government is raising the price ceiling for new home rebates under the harmonized sales tax (HST) and has announced that the controversial tax will officially end on April 1, 2013.

At least 80 foreclosed homes have been shoved onto the slow Kelowna real estate market since January 1, according to local real estate agents, who say the trend reflects a four-year downturn in the once white-hot Okanagan market.