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British Columbia

Gun-shy

But there are finally signs that investors are waking up to that fact. The first sign of real recovery is a bid by Cushman & Wakefield to market more than 100 acres of former industrial waterfront. Squamish Oceanfront Development Corp.

U.S. retailers cooling to high-cost Canada

The perceived rush of U.S. retailers into Canada is cooling because of higher costs in Canada and a sharp recovery in U.S.

Mortgage default rate falling as loans tightened

Residential mortgage defaults - those homeowners three months or more in arrears on their mortgage payment -was already falling before the federal government tightened mortgage lending rules last summer, according to a Canada Mortgage and Housing Cor

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.