Here’s how high interest rates are impacting Canada’s condo demand - Global News

8/6/2022 12:00:00 AM2 years 8 months ago
by Craig Lord
by Craig Lord
Builders in Toronto and other major cities are feeling less confident about condo projects and are scaling back development plans as interest rates and building costs rise.
Rising interest rates and other headwinds in the construction industry have pushed builders in some Canadian markets to shelve condominium projects, while others say condo demand will hold up as supp… [+6230 chars]
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