In April, 1,100 new homes sold in the GTA, nearly triple last year's 384, driven mainly by a rise in single-family home sales (901 vs. 241). Condo sales increased to 199 from 143. The HST rebate on new homes up to $1 million is credited for boosting sales, aiming to restore normal levels. Provincial legislation is approved, but federal approval is pending, affecting rebate implementation.
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