09/12/2026
HST rebate continues to boost sales of new single-family homes in GTA but condo segment remains sluggish: report
It’s clear that the enhanced HST rebate—now up to $130,000—has been a game changer for new single-family home sales across the GTA. In Q2 2026 alone, sales jumped by 130% to 8,410 units. This surge hasn’t just meant more homes for buyers; it’s also supported 17,300 construction jobs, preserved $2.8B in GDP, and maintained $1.4B in government revenue. While the condo sector is still finding its footing, these numbers highlight the impact that thoughtful policy can have on our market. As someone deeply invested in successful outcomes for Toronto-area clients, I continue to monitor how these shifts open new opportunities for those looking to build or buy their next home.
https://www.housing-trends.com/agent-news/florica-floreanu/1899668-HST-rebate-continues-to-boost-sales-of-new-single-family-hom