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Toronto / GTA

Many challenges facing Canada's development land market

Steve McLean Residential Land National May. 30 2024

Canadian development land sales peaked at around $30 billion in 2022, dropped to $16.5 billion in 2023 and are on pace for about $10 billion this year.

Sales of GTA condos, high-density land continue to decline

Steve McLean Residential Condominiums Toronto / GTA May. 28 2024

Developers are increasingly hesitant to launch high-rise projects in the Greater Toronto Area due to market uncertainty and a lack of confidence in reaching their pre-construction sales targets, according to Bullpen Research & Consulting Inc. president and owner Ben Myers.

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 P.O. Box 1484, Stn. B
Ottawa, Ontario,
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Canada: 1-855-569-6300
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