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British Columbia

Window closing on U.S. Sunbelt deals

A sudden end to the low-baller market will be soon seen across the U.S. Sunbelt, according to Vancouver-based Ross McCredie, president and CEO of Sotheby’s International Canada.

"Com Condo" sales rising

Commercial condos - sometimes known as "com condos' - are taking hold across Metro Vancouver, according to Avison Young and other real estate professionals.

Strata office sales buck Surrey trend

Buying office space as strata, rather than leasing, is becoming a major market push in Surrey - where office vacancy rates are at six-year high - led by the success of a new 150,000-square-foot office tower in South Surrey.

Foreclosures spike in Okanagan

There were at least 174 foreclosed homes on the central Okanagan market last month, most of them in west Kelowna. This is a 10-fold increase from a year ago, but at least one realtor expects buyers to snap up the homes at market value.

Fraud alleged in real estate pitch

The executive director of the British Columbia Securities Commission (BCSC) has issued a notice of hearing alleging that two men, who were directors and officers of a Vancouver-based group of companies, committed fraud.

Victoria apartment building sales plunge

Sales of apartment buildings in Victoria plunged nearly 50 per cent last year, but it could be due more to a lack of product than a cooling of demand. For all of 2011, B.C.

Investor destination

Industrial Industrial action, in fact, is one of the hottest areas in Abbotsford.

Pension fund buys Vancouver office buildings

Canada’s biggest pension fund is bullish on real estate.

Valley commute saves $14,000 a minute

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.

Realtors: social media an epic fail

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