Mattamy firesales new homes for 18% less after 4 months
Builders review in
Oakville
I have bought a townhouse for $840K from Mattamy, and within 4 months Mattamy released the same type of townhouse at $689K. A whopping 18 percent less. I understand that I bought at the peak of the housing market. However what is not acceptable is that Mattamy firesold these properties and competes against its own old customers. I know of several Mattamy customers that are in dire situation right now: they told me their property has gone down $50-70k since Mattamy's firesale and they cannot get mortgage for their new home. They have requested a meeting with Mattamy and Mattamy is refusing to meet them. So I hope Mattamy will provide a response here on this website.
- Approximate cost of services:
- $840,000.00
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