The government has officially confirmed the policy adjustment we sought for pre-construction buyers. Your participation was instrumental in achieving this result. We will monitor the implementation phase to ensure these new protections are applied consistently.
April 25, 2018
Final supporters
A diverse group of home buyers who purchased new build/pre-construction homes and now are fighting for fairness due to the adverse effects of the Toronto Foreign Buyers Tax and other cooling measures
Updates
April 6, 2018
The petition has reached two hundred and fifty signatures. This level of support confirms that our concerns regarding pre-construction contracts are shared by a significant portion of the public.
Reached 250 supporters
April 5, 2018
April 3, 2018
We are approaching the threshold of 250 signatures. Please direct your contacts to this page so we can reach this objective before our upcoming policy discussions.
April 3, 2018
The rapid growth of our collective cause demonstrates a significant need for policy reform regarding pre-construction contracts. This momentum reinforces our position as we prepare to present these grievances to the appropriate authorities.
Reached 100 supporters
March 26, 2018
236 Comments
Markets changed selling our home we lost over 250K that’s a big chunk. Now struggling to get the mortgage for the new build. I am short 250K for closing this deal. I’m not asking for a discount.. Why can’t Mattamy help us with this as a mortgage.
How come Mattamy sold a townhouse at $ 880K, and after 4 months drop the price to $ 700K. I bet Mattamy made lot of profits, and then dropped the price to kill its competitors, and at the same causing an artificial crash that affected these families.
Fair enough..when government changes policies all existing buyers and sellers in todays market are getting affected. So in this case the Builder too should also face the impact..why is it that only buyers should be facing the brunt..
The builder has the right to cancel a project and give back deposits with no interest if they cannot get financing for a project. But the buyer has zero rights- something is wrong here Mattamy should really work with buyers and do the right thing.
Big business house builders took advantage of hot housing market Liberal government without thinking about impact on small family imposed sudden drastic measure forcing market to crash now these small families are in brink of financial disaster
Mattamy Homes Kleinburg Summit keeps reducing the price of the houses they are selling. We need to stop them now. It's been x2 20k reductions since the winter. So 40-60k reduction thus far. Mattamy can't do this to us.
Hi Everyone, Is there anyone who closed the property with Rosehaven and negotiated the price in Mountpleasant Brampton area. My closing is coming and need some guidance regarding the price negotiation, if anyone guide me with Rosehaven or any other builder than would be great help
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The government has officially confirmed the policy adjustment we sought for pre-construction buyers. Your participation was instrumental in achieving this result. We will monitor the implementation phase to ensure these new protections are applied consistently.
April 25, 2018
Final supporters
A diverse group of home buyers who purchased new build/pre-construction homes and now are fighting for fairness due to the adverse effects of the Toronto Foreign Buyers Tax and other cooling measures
Updates
April 6, 2018
The petition has reached two hundred and fifty signatures. This level of support confirms that our concerns regarding pre-construction contracts are shared by a significant portion of the public.
Reached 250 supporters
April 5, 2018
April 3, 2018
We are approaching the threshold of 250 signatures. Please direct your contacts to this page so we can reach this objective before our upcoming policy discussions.
April 3, 2018
The rapid growth of our collective cause demonstrates a significant need for policy reform regarding pre-construction contracts. This momentum reinforces our position as we prepare to present these grievances to the appropriate authorities.
Reached 100 supporters
March 26, 2018
236 Comments
Agree! Mattamy didn't follow municipal regulations about price drop protection. Purchasers are entitled to a credit of 110% of the difference (per council amendment 65v.89 of the consumers advocacy act) Walmart, best buy and Amazon play by the rules, so should builders
Markets changed selling our home we lost over 250K that’s a big chunk. Now struggling to get the mortgage for the new build. I am short 250K for closing this deal. I’m not asking for a discount.. Why can’t Mattamy help us with this as a mortgage.
How come Mattamy sold a townhouse at $ 880K, and after 4 months drop the price to $ 700K. I bet Mattamy made lot of profits, and then dropped the price to kill its competitors, and at the same causing an artificial crash that affected these families.
Fair enough..when government changes policies all existing buyers and sellers in todays market are getting affected. So in this case the Builder too should also face the impact..why is it that only buyers should be facing the brunt..
The builder has the right to cancel a project and give back deposits with no interest if they cannot get financing for a project. But the buyer has zero rights- something is wrong here Mattamy should really work with buyers and do the right thing.
Big business house builders took advantage of hot housing market Liberal government without thinking about impact on small family imposed sudden drastic measure forcing market to crash now these small families are in brink of financial disaster
Mattamy Homes Kleinburg Summit keeps reducing the price of the houses they are selling. We need to stop them now. It's been x2 20k reductions since the winter. So 40-60k reduction thus far. Mattamy can't do this to us.
Hi Everyone, Is there anyone who closed the property with Rosehaven and negotiated the price in Mountpleasant Brampton area. My closing is coming and need some guidance regarding the price negotiation, if anyone guide me with Rosehaven or any other builder than would be great help
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Agree! Mattamy didn't follow municipal regulations about price drop protection. Purchasers are entitled to a credit of 110% of the difference (per council amendment 65v.89 of the consumers advocacy act) Walmart, best buy and Amazon play by the rules, so should builders