isaidso said:
do people in the industry see a rebound in construction activity over the next 1-2 years
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Yes

Lowering intrest rates, return to office, and certainty between canada and US will spur activity within the GTA to acceptable levels.

Where immigration levels will be is less certain and regardless, it will take some time to absorb the excess inventory as is. Those are the major barriers to seeing new build housing thrive.
 
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