Positive housing starts in Abbotsford and Mission BC last month. Some builders show more optimism with more new building starts recently. If history tells us anything, it’s that this is often an indicator of a stronger market to come in the Abbotsford and Mission area.
Building Permits rose 15% from last month for us locally, though still down 61% for the year.
In the Vancouver area they saw a decrease of 11% in building permits in September over August. 29% overall decline this year.
Here in our local Homelife Office we are encouraged by the monthly increase however it has to be continued for a few months to increase optimism.
- Abbotsford / Mission 15% Increase in building permits
- Vancouver has 15% decrease in building permits
300 – 3303 Immel St. Abbotsford BC V2X 5Y1
1 – 32540 Logan Ave Mission BC V2V 6G3
O 604 859 3141 or 604 826 2699
F 604 859 5226 or 604 826 2621
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