HST rebate continues to boost sales of new single-family homes in GTA but condo segment remains sluggish: report

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It’s encouraging to see the impact of the enhanced HST rebate—up to $130,000—on our local real estate market. In Q2 2026, new home sales in Ontario jumped by 130% to 8,410 units. That uptick didn’t just move inventory; it supported 17,300 construction jobs, sustained $2.8B in GDP, and kept $1.4B flowing into government revenue. While single-family homes in the GTA are clearly reaping the benefits, it’s worth noting the condo segment is still lagging behind. As someone who specializes in comparative market analysis, I always keep an eye on these shifts—they shape both selling strategies and buying opportunities across our neighborhoods. If you’re curious about how these changes might affect your next move, let’s talk data and strategy—after all, every dollar counts when you’re making a move in the GTA.

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