New report suggests HST rebate continues to boost single-family new home sales across GTA

The latest numbers for the GTA highlight how impactful the HST rebate has been for single-family new home sales—sales tripled in July, reaching 781 units. This surge came alongside an 8.5% drop in single-family prices to $1.36M, making these homes more accessible for many buyers. Condo sales saw a modest increase but are still trailing, with prices up 2.5% to $1.05M. Overall inventory now sits at 18,546 units. As someone who works closely with buyers and sellers across Ajax and Durham Region, I know how important it is to stay informed about these trends. Honest advice and strong market insight are key to navigating opportunities like this, whether you’re searching for your first home, upgrading, or considering an investment.