It’s been encouraging to watch demand for low-rise new homes in the GTA rise following the introduction of the HST rebate program. We’re seeing more buyers exploring these options, and builders have responded thoughtfully by bringing a steady flow of new low-rise properties to market—helping maintain balance and keeping price spikes in check. Meanwhile, the condo market hasn’t been able to catch the same tailwind, largely due to construction timing rules that hold back some of the benefits. While gross prices haven’t factored in the rebate, eligible buyers are finding that these savings can make homeownership in the GTA feel more attainable—especially for first-timers and families carving out a new future here. Measures like these don’t just support buyers; they also contribute to a stronger economic outlook and job stability in our region. As someone who guides people through these milestones every day, I see firsthand how thoughtful policy can open doors for many, and I hope we’ll see similar momentum for condos as well.
Leave a Reply