Metropia’s Union City master-planned community in Markham continues to drive strong interest from buyers with Tower 3 selling 325 units over its first five days, which has prompted the firm to accelerate its construction timeline.
Greater Toronto Area developers are in no hurry to launch new condominium projects in a rising interest rate environment, owing to higher carrying costs and construction loans, a panel audience heard on Jan. 25 at the EY Tower in Toronto.
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