Abbotsford – Unsold Inventory; Unemployed Contractors

metalhead at RE Talks 12 Dec 2010 1:16pm“I had lunch with my concrete finishing buddy on Friday. He said it’s really slow right now, which is not unusual for this time of year but what really worries him is his usual contractor clients are telling him they plan to do nothing for at least the first part of next year too. One of his competitors has already shut down completely and started a different job.
Not sure what all this means for now. They probably over built in 2010 by looking at all the new houses sitting unsold out here. It will take awhile for that inventory to be absorbed. Abbotsford isn’t exactly booming right now.”

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