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British Columbia

Self-storage draws condo-level rents

Self-storage is becoming a hot commercial real estate sector, with many B.C. properties seeing 90 per cent occupancy levels and per-square-foot rents that match that of a condominium.

Golf dead? Kootenay developer switches to bikes

Golf rounds in Canada declined 10 per cent in the past five years while mountain biking is said to be gaining in popularity Is golf dead as a development anchor? That’s the question that faced Parastone Developments as they took over a failed golf co

Asian investments in BC "just the beginning"

Tina Mack, president of Asian Real Estate Association of America, Vancouver Chapter Last March, China-born Owen Wang, a recent immigrant to Canada, purchased the 18-hole Sechelt Golf & Country Club and said he plans to sink $20 million into improveme

New $93,900 condos aimed at investors

Brian Regehr knows where most of the buyers for his company’s new $93,900 high-rise condominiums in Surrey will come from.

$600,000 house price gap defines the coast

Easy to find detached family houses for under $325,000.

Massive retail project takes shape in Delta

Tsawwassen Mills : 32-acre retail complex about one-third complete. By Frank O’Brien A tour of the Tsawwassen Mills construction site in South Delta underscores one aspect of the project: it is huge.

Spec developers go all in on industrial

If Metro Vancouver real estate were a poker game, industrial developers would be the high-stakes, hard-eyed players at the table. By Frank O'Brien This year, speculators have anted up 1.

Housing bubble “lead indicator” of recession

Nobel laureate and economist Vernon Smith speaks in Vancouver. A sudden drop in housing starts seen as the first indicator of a recession.

Analysts torpedo Vancouver housing myths

Metro Vancouver housing is affordable. The market is stable. There is no glut of new condominiums looming. And foreign investors are not driving sales and prices higher.

Onni takes over failed Colwood Corners project in Saanich

Colwood Corner was halted in the spring of 2013 due to insufficient funds. Photo: Darren Stone, Times Colonist. Under a deal approved by B. C.