09/05/2026
HST rebate continues to boost sales of new single-family homes in GTA but condo segment remains sluggish: report
The enhanced HST rebate—now up to $130,000—has been a real game changer for new single-family home sales in the GTA, with Ontario seeing a 130% increase in new home sales in Q2 2026, reaching 8,410 units. This surge has done more than just move properties; it’s supported 17,300 construction jobs, preserved $2.8B in GDP, and maintained $1.4B in government revenue. As someone who believes in thorough research and staying ahead of market trends, it’s rewarding to see how government policy can create opportunities for buyers and benefit the broader community. While single-family homes are seeing strong momentum, the condo segment remains slower—a reminder of the importance of looking at every angle before making a move. Integrity, trust, and results are at the core of my approach, and I’m always committed to helping you understand how shifts like these might impact your real estate decisions.
https://www.housing-trends.com/agent-news/olivia-tran/1899668-HST-rebate-continues-to-boost-sales-of-new-single-family-hom