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

There’s been a noticeable shift in the GTA’s new home market this past quarter. Thanks to the enhanced HST rebate—now up to $130,000—sales of new single-family homes in Ontario jumped 130% in Q2 2026, reaching 8,410 units. That’s more than just a number; it’s real families starting new chapters and communities growing. These sales also supported 17,300 construction jobs and helped keep $2.8B in GDP and $1.4B in government revenue steady—a reminder of how deeply homebuilding connects to the wider economy.

Interestingly, while single-family homes saw this upswing, the condo market hasn’t picked up at the same pace. From my years guiding clients through ups and downs, I know every market tells its own story—and every buyer’s needs are unique. Whether you’re considering a move, or just curious about what these changes could mean for your plans, I’m always here to listen, share what I know, and help you feel confident about your next steps.

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