‘The program is working’: Ontario home sales surge 130% after HST rebate

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Ontario’s new home market just saw a remarkable shift—sales surged by 130% in Q2 2026 after a 13% tax cut on new builds. Single-family homes led the way, with sales jumping from 3,645 to 8,410 in just one quarter. This momentum is largely thanks to a government rebate that offers up to $130,000 for homes under $1.5 million, available until March 2027.

Having spent decades guiding clients through changing markets, I know how significant policy changes like this can reshape the opportunities for buyers and sellers alike. For those considering a move or an investment, these numbers are more than just statistics—they reflect real shifts in affordability and access. As always, I’m committed to sharing insights that help my clients make informed decisions and achieve their real estate goals with confidence.

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