05/30/2026
According to the Toronto Star, Toronto’s new home market is finally seeing movement — and the HST rebate is playing a major role. 🏡📈
Sales of new single-family homes across the GTA are picking up as buyers take advantage of major tax savings and improved affordability. Detached homes, semis, and townhomes are seeing renewed interest as purchasers look to lock in opportunities while incentives remain available. Meanwhile, the condo market continues to lag behind due to oversupply and affordability concerns.
For buyers, this could be one of the strongest windows we’ve seen in years to enter the new home market:
✔️ HST savings on eligible new homes
✔️ More inventory and selection
✔️ Prices softer than peak market levels
✔️ Increased negotiating power with builders
The GTA market is shifting — and low-rise housing is leading the way. 🔑📊
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