10/09/2026
Ontario HST rebate shields new home sales
Ontario’s HST rebate is playing a significant role in supporting new home sales, especially for single-family homes in the GTA. We’ve seen 692 single-family units sold—an impressive 47% above the 10-year average. Total new home sales reached 907. At the same time, the benchmark price has adjusted, dropping 14.6% year-over-year, which is something both buyers and sellers are watching closely. On the condo side, sales have slowed, sitting 78% below average, largely due to changes in tax incentive limits. As someone who tracks these shifts for clients in Keswick and the broader Ontario market, I understand how government incentives and market trends can impact your next move—whether you’re buying, selling, or just keeping an eye on what’s ahead.
https://www.roomvu.com/agent-news/susan-zanata/2099956-Ontario-HST-rebate-shields-new-home-sales