09/28/2026
GTA Low-Rise Demand Gets Boost
There’s real momentum building in the GTA’s low-rise new home market. The recent HST rebate program has sparked increased interest from buyers looking for alternatives to high-rise living. In response, builders have steadily introduced more low-rise options, which has helped keep the sector balanced and prevented prices from climbing too quickly. While condos haven’t seen the same benefits—mainly due to timing rules around construction—those who qualify for the rebate are seeing meaningful savings, making homeownership a bit more accessible in our region. As someone who works closely with buyers and builders in Richmond Hill and Markham, I see firsthand how these measures not only support individual homeowners, but also contribute to a healthier local economy and job market. Industry leaders are calling for similar support for the condo sector, and it’s clear that targeted programs can make a real difference across the GTA.