A homebuilder in London, Ont., is offering to pay property taxes and utility costs for one year in a bid to entice hesitant homebuyers amid a province-wide housing market stall.

Foxwood Homes has launched a new incentive program, StartSmart, offering up to $12,500 to cover costs such as property taxes, electricity, water, natural gas and hot water heater rental.

According to the homebuilders’ website, the offer is available to anyone who purchases a Foxwood home in London before Sept. 15, not just first-time buyers.

The move comes as homebuilders across Ontario struggle with slow sales , rising costs and a hesitant buyer base in a housing market that Ontario’s own housing minister admits has “come to a standstill.”

According to the company, the credits are applied directly to util

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