HST rebate continues to boost sales of new single-family homes in GTA but condo segment remains sluggish: report

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It’s fascinating to see how policy changes can shape our local real estate landscape. In Q2 2026, new home sales across Ontario jumped by 130%, reaching 8,410 units—thanks in large part to the enhanced HST rebate, now up to $130,000. While the single-family home market is clearly energized, condo sales are still lagging behind. These increased sales didn’t just move the needle for buyers and sellers; they supported 17,300 construction jobs, preserved $2.8 billion in GDP, and maintained $1.4 billion in government revenue. Whether you’re a first-time buyer or planning your next move, understanding how these shifts impact your decisions is key. My experience—both as a former educator and a tech enthusiast—helps me make sense of these numbers for clients navigating Toronto’s dynamic market. Every change is an opportunity to approach your next step with clarity and confidence.

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