Cost Escalation in Three Parts: Past, Present, Future
Marlon Bray, Senior Director, Cost & Project Management at Altus Group shares his opinion/prognostication on the past, present, and future of construction cost escalation.
Marlon Bray, Senior Director, Cost & Project Management at Altus Group shares his opinion/prognostication on the past, present, and future of construction cost escalation.
There is a mismatch between home supply and demand and the population boom is contributing to the divide. Therefore, the supply of new homes (rental and owner occupied) in Ontario will likely worsen in the short term.