The enhanced HST rebate program boosted the Greater Toronto Area housing market in April, with low-rise home sales surpassing the 10-year average for the first time in three years. Total new home sales reached 1,100, up from a record low but still 55% below the 10-year average. Single-family home sales rose 21% above average, while condominium sales remained 88% below average. Inventory dropped below 20,000 units, signaling increased market activity.
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