Gastown Benefits from $10m Historic Neighbourhood Revitalization
BY GERRY QUIRKE, Editor British Columbia Properties 
Photo M JassakGastown among historic areas to benefit from $10m investment.
Developments in Vancouver's historic areas, Gastown, Granville, Chinatown, Japantown and Strathcona, will benefit from a $10 million investment by the provincial government. |
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BC's Property Prices Continue to Rise
BY GERRY QUIRKE, Editor British Columbia Properties 
Photo A QuirkeVancouver House and Condo Prices Continue to Soar.
First quarter 2008 prices achieved are up 13.5% on the same period in 2007, according to the BCREA. |
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BCREA Forecasts Average 9% Growth in Prices 2008 By LAURA RIDLEY The BCREA (British Columbia Real Estate Association) has published its latest forecast of residential house prices, anticipating average growth of 9% in 2009 and 4% in 2009. |  |
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BCREA House Price Rise Forecast 2008-2009 | Board Area | 2007 | End-2008
Forecast | End-2009 Forecast | 08% | 09% | Victoria
| $466,974 | $515,000 | $530,000 | 10% | 3% | Vancouver Island
| $311,472 | $335,000 | $351,000 | 8%
| 5% | Sunshine Coast/Powell River
| $241,083 | $258,000 | $273,000 | 7% | 6% | | Greater Vancouver | $570,795 | $621,000 | $651,000 | 9% | 8% | Fraser Valley
| $423,761 | $450,000 | $465,000 | 6% | 3% | Chilliwack & District
| $299,592 | $335,000 | $350,000 | 12% | 4% | | Kamloops | $275,690 | $315,000 | $330,000 | 14%
| 5% | Okanagan Mainline
| $387,523 | $422,000 | $447,000 | 9% | 6% | South Okanagan
| $325,667
| $351,000 | $370,000 | 8% | 5% | | Kootenay | $272,138 | $308,000
| $327,000
| 13% | 6% | Northern Lights
| $175,818
| $195,000
| $205,000
| 11% | 5% | BC Northern
| $195,487 | $215,000
| $221,000
| 10% | 3% | | British Columbia Total | $438,975 | $479,000 | $499,000 | 9% | 4% |
Source: British Columbia Real Estate Association Housing Forecast Summary May 2008 |
British Columbia Housing Market Gains will Extend into 2009 By GERRY QUIRKE The Credit Union Central of BC forecasts new real estate price highs, with 10 to 12 per cent in 2008 and slower rates but continued increases in 2009 as market conditions ease. | |
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First Quarter Gains 2008: Condos Top Price Rises in Victoria, Two-storey Housing in Metro Vancouver Report By LIZ HANNAH Condo prices rose 18.5% in the first quarter of 2008 in Victoria, and two-storey houses 13.3% in Metro Vancouver – demonstrating enduring buyer demand, says Royal LePage. |  | Read more... |
International Investors Will Help Drive British Columbia Property
Market For Years By GERRY QUIRKE Investment in Canada and the Canadian real estate market is increasingly international with investment across national borders. In British Columbia, and particularly in Vancouver, rapid property price rises, increased home sales and rental property investment are also affected by the growth of the Pacific Rim economies and the exponential rise in China's fortunes. All indications are that BC ought to be a good investment for years to come.
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British Columbia Cities on Top in 2008 CONFERENCE BOARD OF CANADA REPORT Vancouver and Abbotsford are among the top five fastest-growing cities in 2008 - and all five are on Canada's west coast. Victoria's economy performed exceptionally well for the fourth straight year in 2007. |  |
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Global Survey Shows Vancouver Prices Pale in Comparison With Other International Cities: Prices Driven by Foreign Buyer Demand
Report by LIZ HANNAH London, New York, Moscow and Dubai are outstripping downtown Vancouver's price per square foot by up to four times, prices being driven by foreign investors. | | Read more... |
Royal LePage House Price Survey: Significant Fourth Quarter Gains for Canada; Vancouver's Population Surges Report By LIZ HANNAH "The availability of a variety of jobs associated with the 2010 Olympics helped maintain the strength of Vancouver’s housing market, and continued to pressure house prices upwards. | | Read more... |
British Columbia Economy "In a Robust Growth Phase" BCREA REPORT British Columbia and Alberta are Canada's ‘economic engines’, according to the BCREA, with jobs, rising wages and net inward migration underpinning housing demand. |  | Read more... |
BC’s Warm, Mild Climate Makes for Great Wines By LAURA RIDLEY For those who believe that Canada is all cold and wintry, British Columbia's successful wine industry may come as a surprise. 136 wineries operate 464 vineyards and covering an estimated 7500 acres across five wine regions. |  |
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Bank of Canada Lowers Rate
By LAURA RIDLEY
 The Bank of Canada lowered its Bank Rate by 1/2 percentage point to 3 per cent, 22 April 08. Read more... |
Canada Climbing the Charts for UK Property Investors
By LAURA RIDLEY
 Canada has been recommended as a top ten property investment destination. Read more... |
A Walk on BC’s Wild Side
By SUE KERNAGHAN
 Getting close to BC’s other home-makers – the wildlife that BC is famous for. Close but not too close: keeping a safe distance is the guiding mantra of wildlife watching in BC. Read more... |
Gastown – an Intoxicating Whiff of Vancouver's History
By GERRY QUIRKE
 With an eye to New York’s Meatpacking District, or London’s Docklands, developers are bringing life back to the rare, lovely buildings that once housed the heart of Vancouver’s commercial and industrial life. Read more... |
Property Buyers' Service Launched
By LAURA RIDLEY
If you are considering purchasing an investment or recreational property in British Columbia, BritishColumbia-Properties.com offers you an on-the-ground service enabling that aspiration to become a reality. Read more... |
Vancouver Island - January 2008 Brings Average Sale Price Increase of 17%
By LIZ HANNAH
 From the end of January 2007 to January 2008, average sale prices increased across all of VIREB's six zones.Read more... |
Mountain Facts and Figures
Compiled By LIZ HANNAH
 The essential winter sport information you need for the main BC ski resorts. Read more... |
The Okanagan: Life Is Good
By GERRY QUIRKE
 From deserts to ski mountains, the Okanagan has it all as a place to live, vacation, invest. Read more... |
Kootenay: Recreation Buyers Bid Prices Up 25% in 07
By LIZ HANNAH
 The Kootenay area's natural amenities and close proximity to oil-rich Alberta have contributed to rising sales activity and increasing values. Read more... |
 Currency Exchange Rate Conversion
If you want to convert prices given in any of the articles you read on BritishColumbia-Properties.com from Canadian Dollars to your preferred currency, click on this link to the BritishColumbia-Properties.com Currency Convertor and a new window will open up with a currency convertor ready for you to use. |
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