It’s fascinating to see how the HST rebate continues to shape the GTA’s housing market. July saw new single-family home sales triple, reaching 781 units. At the same time, prices in this segment dipped 8.5% to $1.36M. While condo sales inched up, they’re still relatively quiet, and prices climbed 2.5% to $1.05M. With 18,546 units currently on the market, the landscape is shifting. As someone who specializes in comparative market analysis, I always keep a close watch on these trends—understanding these numbers is key to making the best move, whether you’re buying your dream home or positioning your property for maximum return.
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