Home sale data for the first month of the HST rebate window is now out. Here's what the numbers show | CBC News

A total of 1,100 new homes were sold in the GTA in April, nearly triple the 384 sold in April 2025. Sales included newly built condo units and single-family homes. Single-family home sales rose to 901 in April from 241 a year earlier, including detached, linked, semi-detached houses, and townhouses. Condo unit sales increased to 199 from 143 over the same period. The sales increase is viewed as the intended effect of the HST rebate on buyers. The 10-year average for April is 744 single-family homes and 1,673 condo units, and sales are expected to dip in summer as spring and fall are typically stronger periods.

"A total of 1,100 new homes were sold in the GTA in April, according to data compiled by Altus Group for the Building Industry and Land Development Association (BILD). That's nearly triple what it was at the same time last year, when 384 new homes were sold. The sale data is for both newly built condo units and single-family homes in the GTA."

"When broken down, the most considerable rise in sales was for single-family homes, which include detached, linked and semi-detached houses and townhouses, according to BILD. In April 901 homes were sold, up from 241 in April 2025. Condo units still trailed behind, with 199 selling in April, up from 143 units this time last year."

"The data shows that the HST rebate is having its intended impact on buyers, said Justin Sherwood, BILD's chief operating officer. Our expectation is that this will continue to lead to a recovery back to more normal sales levels, and those are the 10-year average, he said, noting that home sales typically happen in the spring and fall, so sales can be expected to dip in the summer."

"According to BILD, the 10-year average for new home sales for the month of April is 744 for single-family homes and 1,673 for condo units. Sherwood said the numbers are a "very positive" sign for the industry, which had previously warned about waning sales possibly putting tens of thousands of construction jobs at stake."

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