The blazing LNG industry is largely responsible for the spike in property prices around the area. Prices of detached homes for sale in Fort St. John, B.C., as of October 2014, are playing around $410,200, a 10.1-percent increase from last year. This isn’t just the accomplishment of a flourishing LNG market but also of a proposed $7.9-billion dam just southwest of the city.
Experts say rising home prices are generally good if accompanied by a strong demand. LNG Country, figuratively speaking, is meeting those two factors to sustain long-term growth. As more people move into the city to work for the industry, real estate developers must keep the construction pace brisk and constant.