The impact of the enhanced HST rebate—now up to $130,000—continues to energize the market for new single-family homes across the GTA. In Q2 2026 alone, Ontario saw new home sales soar by 130%, reaching 8,410 transactions. This uptick isn't just numbers: it’s supporting 17,300 construction jobs, safeguarding $2.8 billion in GDP, and sustaining $1.4 billion in government revenue. However, it’s worth noting that, while single-family homes are seeing strong momentum, the condo segment is experiencing a slower pace right now. As someone who helps clients navigate both houses and condos, I see firsthand how policy changes like this shape opportunities for buyers and sellers alike. My approach is always about finding the right fit—and these shifts in the market are a reminder of how important it is to stay informed and strategic.
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