Out Of Province Buyers Are Driving Up Real Estate Prices In British Columbia

Out of province buyers are driving up real estate prices in British Columbia. The top four purchasers are Washington State, California, Ontario and Alberta. The energy boom that is driving the economy of Alberta is creating scads of extra income for residents, and they are spending on vacation properties. In 2005 Albertians purchased 1.157 Billion dollars in B.C. real estate, and as long as energy keeps driving the economy of Alberta through the roof they will contiune to vaction in Beautiful British Columbia. The Vancouver Sun has the story.