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Thursday, March 4, 2010 Ever wonder what your neighbour's house sold for?Categories:market reports,real estate
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Construction employment at record high
High demand for skilled workers
Construction employment continues to be a significant economic driver in the Lower Mainland Southwest region, with the number of industry jobs reaching a record high in September.
According to Vancouver Regional Construction Association’s analysis of Labour Force Survey from Statistics Canada, approximately 134,500 persons were working in the region in September 2008, up to 3.9 per cent over August and up 13.4 per cent year-to-date over 2007.
“This month’s construction employment numbers reflect the high level of current construction...
Record commercial investment here
Another all-time high in Abbotsford
The construction business is booming in Abbotsford, and the commercial sector is a huge part of it.
Commercial building investment in Abbotsford CMA reached a record $39.1 million in the third quarter of 2008, up 16.3 per cent compared to last quarter, according to the Vancouver Regional Construction Association's analysis of Statistics Canada's third quarter report on investment in non-residential building construction report.
Total non-residential investment spending increased 12.8 per cent in the...
