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British Columbia

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.

Speculators betting on Kitimat's housing market

As hearings into the controversial Gateway pipeline open in Kitimat, real estate specualtors are apparently voting with their wallets. Last year, housing sales in the nothern port city more than doubled and the total dollar volume hit $29.

Port Coquitlam green roof policy vindicated

When Port Coquitlam became the first municipality in Canada to mandate green roofs on large commercial buildings in 2006, developers were skeptical.

Contractors ready for Site C's big spending spree

Contracts for the proposed Site C hydroelectric dam on the Peace River could begin being signed a year from now - over a year before federal and provincial regulators are expected to rule on the controversial project.

U.S. manufacturer plans B.C. plant

Georgia, U.S.A-based Atlas Roofing Corp. has chosen Annacis Island in Delta for its second manufacturing plant in Canada, citing strong transportation and ports as key reasons. "Vancouver has excellent highway access to the U.S.

Condo inventory tightens in Metro

The inventory of completed and unsold condominiums in Metro Vancouver may be less than 1,500 units and one-third of these are in three projects, according to Mark Belling, president of Fifth Avenue Marketing Ltd.

Rising tide

"Industrial and retail properties have been top of mind for owner/operators and investors," said Avison Young associate Matt Thomas, but he added that a lack of new supply has frustrated potential buyers, especially for small strata units.

Transit links key to renting office space

Metro Vancouver office buildings that are within a close walk to a Skytrain or Canada Line transit station have vacancy rates half as low as those buildings more than 0.5 kilometres from a station, a new study suggests.

Condos take up rental slack in Vancouver

Investor-owned condominiums and houses now make up half of the rental accommodation in Metro Vancouver, where the rental vacancy rate has fallen to 1.4 per cent, according to Canada Mortgage and Housing Corporation (CMHC), down from 1.

U.S. retailers seeking shelter in safer B.C.

Metro Vancouver's strong economy and consumer demand for retail options has prompted American retailers to target the Lower Mainland for expansion even as they close stores at home. North Carolina-based Lowe's Companies Ltd. opened its first B.C.