i agree. the price is outrageous. when minto had their first opening for birkshire in oshawa, the stack/saddle towns were supposed to start at 199k...they had advertised that for MONTHS. then on the day of, after so many ppl slept overnight, they took forever to open and were busy jacking up the prices to 299k+ to start. many people walked away, others stayed. now that they are finally closing i'm sure many of those ppl are very worried. right across the street you can get 2bed/2bath freehold 3 storey town ~ 2 years new, for a few thousand more than what their one bed/one bath are starting from on assignment. omgosh i wouldn't want to be one of the people who 'booked' one of those units.dpacto wrote: ↑ well looks like these builders are still delusional
my uncle went today and he waited a bit to get in but he said lots of people weren't signing up. He passed on it.
$619000 for 1800 sq ft end unit townhouse
Can get a detached house now in the same area for around $650k no development charges and no worrying in 2-3 years if the market goes down that the builder won't undercut their own pricing and screw you over with your mortgage
on the other hand i agree with blue solstice, its soo nice to see people out buying again, its been a very scary market for a long time. i dont know how much wind is in the sail with the reality of b20, but nonetheless the overnight lineups are a good sign that people are willing to buy homes at reasonable price points.