Mattamy Homes Offers Mortgage Coverage, Boosting Sales
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Canadian homebuilders, including Mattamy and Foxwood, are offering innovative incentives like mortgage payment coverage and property tax reimbursements to attract buyers in a slow market. These strategies aim to ease monthly cash flow and boost sales, as developers face softening prices and intense competition. Economists anticipate more creative tactics in the future, as new construction has price limits that resale homes dont.
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