GTA new single-family home sales surge 246% in July as Ontario’s expanded HST rebate drives buyers back to market

In July, GTA single-family home sales soared by 246%, a dramatic shift powered by builder incentives and Ontario’s expanded HST rebate. Even with prices down 8.5%, these changes are bringing more buyers back into the market. Meanwhile, new condo sales are quieter, slowed by tighter rebate criteria. For those looking to make their move, focusing on automated savings, wise debt management, and taking advantage of local affordability programs can make a real difference. As your dedicated partner in real estate and home inspection, I keep a close eye on these trends to help clients navigate every shift with confidence.