It's encouraging to see a 130% surge in new home sales across Ontario in Q2, reaching 8,410 units. The enhanced HST rebate has clearly energized the low-rise housing market. While condo sales did see a 12% uptick, they're still trailing behind historical averages. Factors like high fees, construction delays, and zoning challenges continue to weigh on the market. As someone dedicated to navigating both real estate and home inspection, I stay focused on these shifts to provide the guidance clients need when making informed decisions.
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