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British Columbia

Surrey takes lead in office strata

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 rush to get on board with Evergreen

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.

Suburban offices going dark

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.

Natives vote for Delta mega-mall

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.

Strata changes spook owners

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

Can't afford a Vancouver home? Find leverage in Phoenix

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.

HST transition rules outlined

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.

Home foreclosures up 10-fold in Okanagan

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.

Strata changes could shock some condo owners

Some B.C. condo owners and business people who bought their working space may be "shocked" next month as changes stream into the strata market, observers say. “The [B.

Heated hearings open on Gateway pipeline pitch

What are expected to be heated hearings opened last month as the federal government weighs a decision to allow the proposed Northern Gateway pipeline project to proceed.