Interesting shift in the GTA housing landscape this July: new single-family home sales tripled to 781 units, largely thanks to the ongoing impact of the HST rebate. At the same time, single-family prices dipped 8.5% to $1.36M, while condo sales showed a modest increase but still lag, with prices rising 2.5% to $1.05M. Inventory now sits at 18,546 units.
Having moved from IT and education into Toronto real estate, I pay close attention to these trends—especially how incentives like the HST rebate are shaping opportunities for first-time buyers, newcomers, and families planning their next chapter. I find that understanding the numbers is only half the story; making sense of what they mean for your unique journey is where my work truly begins.
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