It’s interesting to see how the HST rebate is making its mark on our GTA housing market. In July, new single-family home sales surged—tripling to 781 units. Prices for these homes dipped by 8.5%, now averaging $1.36M, while condo sales saw a modest uptick but remain relatively quiet, with prices nudging up 2.5% to $1.05M. Inventory currently sits at 18,546 units. For anyone navigating this evolving landscape, having someone with local insights and a focus on a smooth, stress-free experience can make all the difference—whether you’re buying, selling, or just keeping an eye on trends.
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