Abbotsford is booming…

Abbotsford received $30.2 million worth of applications for new buildings in September, a 116-per-cent increase from August. For the year-to-date, at the end of September, the $309 million in new construction projects were running 50 per cent ahead of the same period a year ago. Abbotsford has a healthy, diversified economy, Thats why Abbotsford is booming. And because of the squeeze on the inner Greater-Vancouver communities such as Burnaby, Richmond, we’re seeing an awful lot more development pressure into the valley. A surge of 11 multi-family-housing projects, worth $20.9 million, contributed the biggest boost to September’s numbers.