Ontario’s enhanced HST rebate—now up to $130,000—has certainly made its mark on our GTA real estate landscape. In Q2 2026, we saw new home sales jump by an impressive 130%, reaching 8,410 units. This surge has supported 17,300 construction jobs, preserved $2.8 billion in GDP, and maintained $1.4 billion in government revenue. While single-family homes have clearly benefited from this policy, the condo segment remains a bit more subdued. As someone who has helped clients across York, Peel, Halton, Durham, and Toronto navigate both new builds and resale opportunities, I’ve seen firsthand how incentives like this shape our market. If you’re evaluating whether a detached, townhouse, or condo fits your goals—or considering a strategic move in today’s evolving environment—understanding these trends is key to making informed decisions.
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