GTA new single-family home sales surge 246% in July as Ontario’s expanded HST rebate drives buyers back to market

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It’s not every day we see a 246% surge in new single-family home sales across the GTA, but July brought just that! With Ontario’s expanded HST rebate and creative builder incentives, buyers are jumping back in—even as prices dipped 8.5%. As someone who’s helped clients from every corner of the globe navigate Toronto’s vibrant neighborhoods, I love seeing these kinds of shifts that open doors for more people to plant roots here. While new condo sales are still lagging (thanks to tighter rebate rules), there are smart ways to make your next move more affordable: automate your savings, keep a close eye on debt, and don’t overlook local programs that could help stretch your budget. Every real estate journey is unique, and it’s all about discovering the best path for you—whether you’re a market newcomer or a seasoned globetrotter ready for your next adventure!

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