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Capital cost, scarcity a key worry for Canadian real estate: PwC Canada [Video]

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Canadian Economy and Markets

Capital cost, scarcity a key worry for Canadian real estate: PwC Canada

Frank Magliocco, national real estate leader at PwC Canada, joins BNN Bloomberg to discuss their latest real estate outlook survey. The survey found that amid the belief that rates will be higher for longer, real estate developers, investors and owners are approaching all asset classes with caution heading into 2024. And with the rising cost and scarcity of capital the industry holding back development of new supply in some areas of the market.

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