Process with municipalities to get land shovel-ready adds time, which can make projects more expensive

Demand for homes are up, but since the pandemic construction and land costs have made it harder for local developers to keep houses affordable.

Ted Russell, president of Crescent Homes in Waterloo, said the demand for homes was almost overwhelming before the recent interest rate hikes,

"We couldn't even keep up with the amount of people wanting homes from us and we couldn't even get enough trades to build the houses fast enough," he told CBC Kitchener-Waterloo's The Morning Edition.