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Sales of development sites across greater Toronto retreat sharply as capital tightens

Without inexpensive financing, land deals remain stuck in the trenches
Developers are seeking undeveloped land across the greater Toronto region for future projects. (Getty)
Developers are seeking undeveloped land across the greater Toronto region for future projects. (Getty)

Sales of land tracts have fallen sharply since capital markets began to tighten in 2022.

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News | Sales of development sites across greater Toronto retreat sharply as capital tightens