The tax rebate applies to new GTA homes priced up to $1M, with eligible purchases running April 1 through March 31, 2027.
Eligible new-home buyers can save up to $130K, giving affordability-focused clients a clear reason to revisit single-family options across the GTA today.
Real Estate professionals say the rebate is moving sidelined buyers, with strongest momentum around detached, linked, semi-detached, and townhouse inventory in the GTA.
One GTA builder said stronger sales-centre traffic recently translated into higher sales across 15 active GTA projects, with low-rise communities drawing the most demand.
Condo interest remains more cautious, but clearer rebate rollout details are expected to boost buyer confidence while single-family demand stays supported across the GTA.