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Developers call financing costs biggest hurdle to rental construction

Market sentiment improves, pipelines grow as government-backed financing sought
The EY Tower in downtown Toronto. Accounting firm EY, which works from this tower, was commissioned by CMHC to conduct a housing study. (CoStar)
The EY Tower in downtown Toronto. Accounting firm EY, which works from this tower, was commissioned by CMHC to conduct a housing study. (CoStar)
CoStar News
November 25, 2024 | 6:08 P.M.

Developers have cited financing costs and availability as the most significant factors influencing developer decisions to build rental housing.

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  • Properties