03/27/2026
New homes under $1m now HST free!
WHAT TODAY’S HST ANNOUNCEMENT MEANS FOR THE MARKET👇
Ontario’s new HST relief program will significantly reduce purchase costs for new construction homes, offering savings of up to $130,000. This shift is expected to influence buyer demand, pricing strategies, and overall market activity heading into 2026.
Effective April 1, 2026, HST will be eliminated on new homes under $1M, with scaled tax reductions available up to $1.85M.
Have questions about how this impacts you or your clients?
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