Conference Board predicts drop in Lower Mainland housing construction

Wed, Sep 26, 2012

Vancouver Real Estate

Residential construction in the Lower Mainland is headed for a steeper decline than in the rest of the country, according to a report. The industry is “poised for a slowdown next year.... Regional markets that are exposed to more risks, such as Vancouver and Toronto, will feel more of an effect,” said the report from the Conference Board of Canada, released on Tuesday.

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