New home sales in the GTA continue their positive momentum throughout August
BILD said single-family sales led the gain, with 692 sales in August and total new home sales still 37% below the 10-year average.
9 Articles
9 Articles
‘No chance’ tariffs will negate HST rebate, as new single-family home sales triple in August
The Building Industry and Land Development Association attributed the increase in sales to Ontario’s HST rebate program, crediting it with counteracting the cooling effects of tariffs on the new housing market.
Brampton Guardian
New home sales in the GTA continue their positive momentum throughout August
Toronto, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Low-rise new home sales in the Greater Toronto Area (GTA) surpassed its 10-year average for a fifth consecutive month as momentum from the HST rebate program continues to get buyers off the sidelines,…
The Toronto new home market rebounded in August, with 692 low-rise homes sold, more than double the number sold year-over-year and above the 10-year average. While condo sales recovered by 50%, they were still 78% below the 10-year average. The HST tax refund was a key factor driving low-rise home sales.
Coverage Details
Bias Distribution
- 75% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
