British Columbia

Commercial real estate values in Williams Lake could fall as much as 30 per cent following the recent federal government decision to stop plans of the proposed Prosperity copper-and-gold mine.

Takeup of industrial space in Metro Vancouver rose sharply in the third quarter, with more than 1.1 million square feet leased compared with negative absorption in the second quarter, according to a survey by Cushman & Wakefield.

"The residential came but the retail came first," Heed sai d. Bruce Robinson, president and co-owner of Hugh & McKinnon Realty Ltd., grew up in White Rock and said buyers have a new-found comfort level with White Rock.

Canada has ranked third in the world for the "most stable and secure real estate investment opportunity" in the 18th annual survey by the Association of Foreign Investors in Real Estate (AFIRE).

Rejecting a marketing plan that would have dramatically reduced condominium prices, the City of Vancouver has forced the developer of the 737-unit Olympic Village into receivership just as new condo sales have plunged 90 per cent.

The best housing deals in Metro Vancouver, especially early in 2011, will be new and unsold condos in completed projects, according to real estate analysts.

Values dipped in new towers Speculators who bought new high-rise condominium apartments in the Tri-Cities area of the Lower Mainland in the past year lost an average of more than $4,000 on their purchase when they resold, according to a survey by mar

Price rose at TSX opening Whistler Blackcomb Holdings launched an initial public offering November 2 in a bid to raise $300 million, after having slashed its share price twice in less than two weeks.

Resort development faces several challenges in B.C.

"Some of the logging families are looking at how to change what they do on a day-to-day basis because they can see what is coming," Cheng said.