Business

Low-rise new home sales in the GTA continue to reap the benefits of the HST rebate program in July

Financial Post · August 27, 2026 at 6:03 a.m.

Toronto, Aug.

27, 2026 (GLOBE NEWSWIRE) -- Low-rise new home sales in the Greater Toronto Area (GTA) continue to benefit from increased demand following the introduction of the HST rebate program, outperforming its 10-year average for a fourth consecutive month in July, the Building Industry and Land Development Association (BILD) said today.

Conversely, the condominium sector has continued to struggle to fully participate in the HST rebate program as rules around construction start and completion dates limit this segment of the market.

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Low-rise new home sales in the GTA continue to reap the benefits of the HST rebate program in July

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