A PROVINCE ON THE INTERNATIONAL STAGE FOR MANY REASONS IN the COMING YEARS

Few places in the world can compare to the beauty of British Columbia. People want to live there. But that's just a small part of the logic underpinning a bright economic future.

For starters, the Winter Olympics are coming in 2010, and that will surely pump many millions of dollars into the provincial economy as the buildup to that event draws near. In addition, B.C. continues to grow as an international gateway into Canada, for immigrants and consumer products alike. Plus, the province is a hotbed for major infrastructure projects, with $2.7 billion in major electric power generation and transmission projects, and municipal water and sewer projects now underway. Another $1.5 billion are planned.

For your review, we've gathered a selection of key resources about British Columbia. They give you an idea of why Prestigious Properties is currently targeting this province in our never-ending search for great real estate investment opportunities.

Articles

Canada to 2058: Projections of Demographic Growth & Change - Nov 2009

'Worst’ of housing prices decline behind us, say economists- Sept 2009

Lower Mainland real estate markets race to record July home sales - Sept 2009

Harmonized tax called threat to rental home supply - Sept 2009

Expect continuing job volatility, economist says - Sept 2009

B.C. boasts of $3.7 billion worth of new major construction projects - Sept 2009

British Columbia Real Estate Multi-Family Investment Report - Winter 2008

CMHC 2009 Housing Market Outlook (with a section on British Columbia)

Home Sales Forecast

B.C. Maintains Economic Growth: RBC Report

Rental Market Report - Spring 2008

RBC Provincial Forecasts - April 2008

Housing Market Surging in Vancouver Area: The Vancouver Sun - Summer 2009

June Boom For Lower Mainland Real Estate Markets: The Vancouver Sun - Summer 2009

Metro Vancouver New Homes Prices Rise In May For First Time Since April ’08: The Vancouver Sun - Summer 2009

B.C. Housing Starts Jump 25 Percent In June: The Vancouver Sun - Summer 2009

Abbotsford Is One Of B.C.'s Best Investments

B.C. Sees Best Five-Year Outlook Since 1985 (Feb 2008), Credit Union Central BC

B.C. Economic Highlights, BC Real Estate Association

Credit Union of Central British Columbia study reveals bright economic future for British Columbia (Feb 2008), Journal of Commerce

Positive Economic Indicators (BC) , June 3 2008, BC Government

B.C. Stats

2008 BC and Vancouver Housing Outlook, Canadian Mortgage and Housing Corporation, Nov.2 2007

 

 

 

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BC's population will grow by 75% over the next 50 years to 7.6 million, according to the Urban Futures Institute. B.C. will be second only to Alberta, which will see an 80% growth in population. This compares to the national population forecast increase of 46%.