Ontario extended HST relief to all new-home buyers, covering purchases up to $1.5M, not just first-timers.
Rebates can reach $130K on qualifying new units, tapering above $1.5M between April 1, 2026 and March 31, 2027.
A real estate board said years of lobbying helped secure the change, uniting builders, labour, rentals and non-profits.
The board said removing HST on qualifying builds could cut end prices, improve feasibility, and boost “missing middle” supply.
Brokers said combined tax rebates may sharpen new-build pricing, but won’t fully offset borrowing costs, land prices, and fees.
I’m seeing Ontario use tax relief to make new homes more attainable by widening who qualifies for rebates. It may help pricing and supply, but broader affordability still depends on approvals and overall building costs.
August 12, 2026
GTA Bidding Competition Nears Multi-Year Low | Reach out to me for buying or selling. First time? Call for a FREE consultation.
In Late-Q2, just 6% of GTA neighbourhoods with at least five resale deals were overbid, while 93% were underbid and 1% sold at asking. New GTA listings also weakened in Late-Q2, led by condo softness,...
