Ontario's expanded HST rebate boosted GTA low-rise new home sales in April to 1,100 units, nearly triple last year and 21% above the 10-year average for single-family homes. However, condo sales lagged at 199 units, far below the typical 1,673. New home inventory fell below 20,000 units, with prices down 7.1% year-over-year. Full rebate benefits appear to reach buyers, but legislative clarity on rebate administration remains urgent.
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