July brought a remarkable surge in new single-family home sales across the GTA—tripling to 781 units—thanks in large part to the continued impact of the HST rebate. While the average price for these homes dipped by 8.5% to $1.36M, condo sales saw only a modest uptick, with values edging up 2.5% to $1.05M. With inventory sitting at 18,546 units, these numbers paint a dynamic and evolving market. After more than twenty years navigating every cycle in real estate, I’ve seen firsthand how policy shifts like the HST rebate can open new doors for buyers and investors alike. My team and I bring a multi-dimensional perspective—drawing on backgrounds in IT, business, and community advocacy—to help you understand how these trends can shape your property journey and long-term financial goals.
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