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British Columbia

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.

B.C. economy dips to 5th in Canada

The British Columbia economy ranks fifth in Canada but it is number one in environmental quality and health services, according to the latest and last study by the BC Progress Board. B.C.

Speculators target Kitimat

Real estate speculators are apparently targeting Kitimat, the B.C. northern port city that would be the western terminus of the proposed $6.6 billion Northern Gateway pipeline. The town is also near a new $4.

Safeway sells Burnaby site

Canada Safeway Ltd.'s former distribution complex in Burnaby now belongs to Ledingham McAllister. The Vancouver developer acquired the 48-acre site from Safeway on December 15 for approximately $125 million.

Kamloops’ pit split

They may soon see those big-spending mining days return, if the backers of the $800 million open-pit Ajax Mine have their way.

Two million square feet of offices dark in Metro suburbs

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 Avison Young.

Mega mall approved for Tsawwassen band lands

A bid to build Metro Vancouver's largest shopping mall on former Agricultural Land Reserve near the Tsawwassen ferry terminal in South Delta appears a done deal after members of the Tsawwassen First Nations voted last week to proceed.

Bears, bulls battle over Vancouver housing bubble

Vancouver 's housing market is a bubble that is about to deflate. The Vancouver housing bubble is a myth and average home prices will continue to increase in 2012.