The Fort St. John real estate market is experiencing a massive construction boom. According to CBC British Columbia, 30 construction permits—with a combined value of 18 million dollars—have been handed out so far. As of May 7, 2014, 25 new homes have been built, more than double that of the same period last year.
What’s behind this construction boom? you may well ask. Plenty. Among the most prominent, there’s the recent discovery that British Columbia is sitting on a vast natural gas deposit. There’s also the impending approval of the BC Hydro Site C dam, and Canadian forest products company Canfor’s plan to spend $30 million for the improvement of its Polar sawmill at Bear Lake.
http://scottsauer.ca/blog.html/fort-st-john-real-estate-market-goes-through-a-construction-boom-3203624
scottsauerblog 