The HST rebate has been a real game-changer for the GTA’s new single-family home market. In Q2 2026, new home sales in Ontario jumped 130% to reach 8,410 units, thanks to the enhanced HST rebate of up to $130,000. This surge not only supported 17,300 construction jobs but also protected $2.8B in GDP and maintained $1.4B in government revenue. While condo sales remain on the quieter side, these numbers highlight how policy shifts can directly impact our local housing landscape. With nearly two decades of experience helping clients buy, sell, and invest across the GTA, I’ve seen firsthand how incentives like these can open doors for buyers and keep our communities thriving. If you’re curious about how current market trends might affect your real estate plans, I’m always here to share insights tailored to your goals.
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