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British Columbia

Vancouver home sales plunge, Chilliwack sales surge

While housing sales in Greater Vancouver tumbled 27.

Uptick in vacancy rate won't cool multi-family market

The rental apartment vacancy rate in Metro Vancouver has increased marginally to 1.8 per cent, according to Canada Mortgage and Housing Corp.'s Fall Rental Market Survey. The slight increase, from 1.

Jumbo developer slams “disingenuous” critics

The giant Jumbo Resort in the East Kootenays has moved much closer to development following its incorporation as a mountain resort municipality by the provincial government.

Land-rich Legions seek joint venture deals

Royal Canadian Legions are rich in property but low in funds and membership, which has resulted in some unique agreement with developers for some prime Legion sites. There are 158 Legions across B.C.

Luxury condo buyers sue to break pre-sales

Owners and pre-sale buyers of high-profile, high-priced condominiums in Vancouver are going to court in an attempt to wriggle out of deals amid expectations of falling prices.

B.C. malls lead in sales per foot

Microsoft Corp. is the latest in a long line of U.S. retailers to open stores in B.C., where mall sales per square foot are substantially higher than they are in both the U.S. and elsewhere in Canada.

Industrial space tight as supply of new product falls

More than 1.8 million square feet of industrial space was taken up in the third quarter of this year in Metro Vancouver, but less than 400,000 square feet were added to the inventory, according to a survey by Cushman & Wakefield.

$17M project starts in Victoria

Two decades after the Jawl family bought a 25-acre former sawmill site on Gorge Road, the final project is going up on the Selkirk Waterfront in Victoria.

Developers aim small to score big

Reliance holds two key downtown properties on each side of the Johnson Street Bridge, which is being replaced. The Janion is on the north side and the Northern Junk property is on the south.

First Nations reserve eyed as industrial safety valve

A land crunch is looming in Metro Vancouver’s industrial market and the potential safety valve may be found in the extensive First Nations reserves, six of which hold twice as many acres as in the remaining industrial land inventory.