This quarter's numbers highlight just how impactful government incentives can be for our GTA market. With the enhanced HST rebate now reaching up to $130,000, we’ve seen a 130% jump in new home sales across Ontario in Q2 2026—totaling 8,410 new homes. That’s more than a statistic; it’s thousands of families settling into new communities and a significant boost for our local economy. The ripple effects are real: 17,300 construction jobs supported, $2.8 billion in GDP preserved, and $1.4 billion maintained in government revenue. While demand for new single-family homes is strong, the condo market remains slower to catch up. Having guided clients through a range of property types—residential, commercial, and investment—across the GTA, I see firsthand how these policy changes shape both opportunity and strategy in our market. If you’re weighing your next move, understanding the impact of incentives like this can make all the difference.
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