Low-rise new home sales in GTA beat 10-year average for second consecutive month thanks to HST rebate
Toronto, June 22, 2026 (GLOBE NEWSWIRE) -- New home buyers in the Greater Toronto Area (GTA) continue to respond positively to the enhanced HST rebate program as low-rise new home sales outperformed its 10-year average for a second consecutive month in May, the Building Industry and Land Development Association (BILD) said today. The HST rebate program remains a historic buying opportunity for those looking to purchase a new home. However, in May the need for clarity on how rebates are administered contributed to some potential buyers delaying purchasing decisions.
