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Chilliwack Progress

Vacant land sales soar in the Fraser Valley

Robert Freeman , Chilliwack Progress, April 16, 2008

Vacant land sales in the Fraser Valley jumped by more than 40 per cent last year, although the total number of residential sales dipped by four per cent, according to a Landcor Data Corporation study released yesterday.

“What’s happening is everybody’s scrambling looking for more land to subdivide and develop,” Landcor president Rudy Nielsen told The Progress.

And because land costs are so high in Vancouver,

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