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B.C.'s residential construction industry is anticipating a 4,500-worker shortfall this year

TORONTO — From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership.

The West Point Grey property was once used for a U2 video shoot.

High immigration levels, mortgage prices keeping would-be homebuyers in rental units.

Activity picked up in the second half of last year as buyers shifted their preference to detached homes.

Rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since the Canada Mortgage and Housing Corp. began tracking that data in 1988.

Development potential outweighs impact of high borrowing costs

New development taxes, technology, consultants considered

TORONTO — One walk through a home tells Rachael Stafford what adjustments are needed to pique the interest of potential buyers.

Taking on debt now will make the project cheaper and deliver new homes faster, council says