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03/27/2026
03/26/2026

TRREB Welcomes HST Elimination for ALL New Homebuyers 🏠

Today, the Federal and Ontario Governments announced a major step forward for housing affordability: the elimination of the 13% HST has been expanded from first-time buyers to all buyers of new homes valued up to $1.5 million, with the rebate capped at $130,000. A reduced rebate is available on homes valued above $1.5 million.

TRREB and our Housing Advancement Coalition have been advocating for these affordability reforms, and we're pleased to see them become a reality starting in April. 🙌

TRREB looks forward to continuing to work with Premier FordNation, Minister Peter Bethlenfalvy, Minister Rob Flack and the Federal Government to ensure that policies translate into more homes being built, greater affordability for consumers, and a stronger housing market that supports communities across Ontario.

This rebate runs from April 1, 2026, to March 31, 2027.

Read full statement from TRREB CEO: https://trreb.ca/hst-elimination-for-all-buyers-of-new-housing-is-a-major-step-forward/

11/12/2025

TRREB welcomes the provincial Fall Economic Statement’s measures on housing tax relief. The proposed removal of the HST on new homes up to $1 million for first-time homebuyers, combined with the federal GST rebate, will result in up to $130,000 in savings for these homebuyers. The combined rebate would also allow first-time homebuyers to reduce the HST they pay on a new home valued between $1 million and $1.5 million, which is welcome in high-priced markets such as the GTA.

We urge both levels of government to pass and implement these measures quickly so that buyers can get the tax relief they need and builders can boost the construction of much-needed family-friendly housing supply. 🔗 https://bit.ly/4nMo9Il

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