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Douglas Todd: Developers often disguise the true market value of a Canadian home

In a stagnant market, developers use various techniques to keep buyers in the dark about actual housing sales and prices. Some tactics are seriously manipulative.

“Eighty per cent of homes already sold!”

How many times have Canadians seen that kind of marketing of a new residential project?

The developers behind such campaigns aim to create a sense of scarcity. But their claims are often impossible to verify.

(Incognito)

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