
Real Estate
Rising Construction Costs: Navigating Canada's Real Estate Market
Explore the challenges and opportunities presented by rising construction costs in Canada's real estate sector.
April 12, 2025
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Real Estate
Rising Construction Costs: Navigating Canada's Real Estate Market
Explore the challenges and opportunities presented by rising construction costs in Canada's real estate sector.
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Real Estate Construction Costs Surge by 11% in 2024, Straining Profit Margins
The construction costs in the real estate sector have seen a significant rise of 11% in 2024, primarily driven by increased labor and material expenses. This surge, coupled with higher borrowing costs, has put additional pressure on profit margins, especi