The enhanced HST rebate—now up to $130,000—continues to energize the GTA’s new single-family home market, with Ontario new home sales jumping 130% in Q2 2026, reaching 8,410 units. This boost isn’t just about numbers: it has supported 17,300 construction jobs, safeguarded $2.8 billion in GDP, and maintained $1.4 billion in government revenue. Yet, it’s worth noting that while single-family homes are thriving, the condo market remains sluggish. As a CPA and Toronto real estate broker, I always emphasize the power of strategic financial incentives and tax optimization for buyers and investors. Understanding the ripple effects of policy changes is key to making confident, well-informed real estate decisions—whether you’re targeting a detached home or exploring the condo segment. My goal is to help clients navigate these shifts with clarity and strategy, so every move is both smart and secure.
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- Address: 305 Milner Ave Unit # 312, Toronto, ON M1B 3V4, Canada. Get Direction - Google Map
- Contact Name: Sivage Sivagumaran
- Phone: +1 416-553-8902
- Email: sivagehomes@sivage.ca
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