Ottawa sees jump in new home sales this summer following HST cut

This summer has brought a remarkable shift in Ottawa’s new home market—a 50% surge in sales compared to last year. In July alone, 420 new homes found their owners, up from 274 in 2022. Much of this momentum comes from the one-year HST rebate, which offers up to $130,000 in savings on new construction. It’s no surprise that over half of these buyers chose townhouses, making up 52% of July’s sales. As someone who’s dedicated to guiding clients through these decisions with honesty and clarity, I always keep their best interests at heart. This changing landscape is another reminder of how the right advice—and a bit of timely opportunity—can make the home buying journey a little less stressful.