The recent surge in new home sales across Ontario is a clear indicator of how policy shifts can impact our market. In Q2 2026, sales of new homes jumped by 130%, reaching 8,410 units. This was largely fueled by the enhanced HST rebate, now up to $130,000—a significant incentive for buyers of single-family homes in the GTA. While this momentum hasn’t yet translated to the condo sector, the broader effects are substantial: 17,300 construction jobs supported, $2.8B in GDP preserved, and $1.4B in government revenue maintained. As someone who’s closely tracked market trends and guided clients through more than 450 transactions, I’ve seen how these shifts can open new possibilities for buyers and sellers alike. Staying informed about these developments is crucial for making confident, strategic real estate decisions.
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