10/08/2026
Ontario HST rebate shields new home sales
We’ve been keeping a close watch on how Ontario’s HST rebate continues to shape our local real estate market—especially for those considering a new home purchase in the GTA. Single-family new home sales have seen a real boost, reaching 692 units—an impressive 47% above the 10-year average. Total new home sales stand at 907, even as the benchmark price has dropped 14.6% year-over-year. Meanwhile, condo sales have slowed significantly, falling 78% below average, partly due to limits on tax incentives. For anyone dreaming of a new start in the County or along the GTA corridor, these numbers give important context. We’re always passionate about helping you understand how market shifts impact your options, whether you’re searching for a cottage, family home, or something uniquely suited to your next chapter. Carol & Joe – here to help you navigate each change with integrity and care.
https://www.housing-trends.com/agent-news/joe-martin-1/2099956-Ontario-HST-rebate-shields-new-home-sales