Post by
Donwaan on Aug 19, 2024 10:11am
If buyers aren't buying, builders aren't building
...despite encouraging data, Nerdwallet Canada's Clay Jarvis says the outlook for housing development in Canada remains uncertain. "In addition to the high costs and interest rates builders they now have to contend with plummeting demand for new builds. This is a massive roadblock to housing development. ... If buyers aren't buying, builders aren't building." https://www.stockwatch.com/News/Item/Z-C!TD-3589368/C/TD
Comment by
wkrpradio on Aug 20, 2024 2:51pm
Builders will be building to replace homes lost to wild fires, mud slides and flooding across the country.Just check out some of the flooding in Canada's largest cities , Montreal and Toronto. Now add to that a million new buddies of Trudeau arriving every year and things will happen, all the while ,collecting a sweet div.