2025 data shows single-detached housing starts are down roughly six per cent compared to 2024. This points to growing pressure on the conventional suburban product: driven by rising costs, more cautious buyers and sharper scrutiny of value.
After passing on several potential multifamily development sites together over the years, Capital Developments and Kilmer Group have found one to their liking. They are moving forward with a 34-storey purpose-built rental building in Toronto’s Willowdale community.
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