It’s encouraging to see how the HST rebate is continuing to fuel momentum in the GTA’s single-family new home market. July saw sales of new single-family homes triple to 781 units—a significant boost for buyers weighing their options. Alongside this, prices for these homes slipped by 8.5%, now averaging $1.36M, creating a little more opportunity for those eager to make a move. Condo sales edged up as well, though they remain modest, with the average price rising to $1.05M (up 2.5%). Currently, there are 18,546 units on the market. I always aim to share these insights so you can feel informed and confident—reducing the stress that often comes with big decisions. My advice comes from a place of experience and honesty, always putting your best interests first.
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