Developers to delay building 10,000 condos in GTA as sales plunge - Toronto Star
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8/2/2022 12:00:00 AM3 years 7 months ago
Higher interest rates and construction delays are partly to blame for slowdown, according to a report.
Developers are expected to delay building 10,000 new condominium units as preconstruction sales plunge amid interest rate hikes, putting strain on potential home buyers and renters. At the beginning… [+3907 chars]
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