2007-09-21

B.C. lumber harvest boom could hit real estate values

The accelerated harvest of pine beetle-infested wood is helping fuel a boom and is raising real estate prices in the B.C. Interior, but a bust is looming unless something is done now, a new report says.

The report by the Real Estate Investment Network suggests that real estate values will be most negatively affected in Quesnel, Williams Lake and Prince George.