Low-rise new home sales in the GTA continue to reap the benefits of the HST rebate program in July

It’s been a strong stretch for low-rise new home sales in the Greater Toronto Area, and July kept the momentum going. The demand fueled by the HST rebate continues to play a big role: July recorded 1,018 sales, marking the fourth month in a row that numbers have outpaced the 10-year average. What’s more, single-family homes surged 50% above that average, while condo sales saw a 40% increase compared to last year. Having turned my passion for real estate investing into a career, I’ve seen firsthand how incentives like the HST rebate can open doors for buyers and investors alike—especially when it comes to navigating big decisions in a fast-moving market.