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The province proposed removing HST on most new homes, combining provincial and federal support to lower purchase costs for eligible buyers across Ontario.
Buyers of new homes priced at $1M or less would receive full relief, with potential savings reaching up to $130K under the proposal.
Homes from $1M to $1.5M would still qualify for the maximum rebate, while higher-priced homes would see relief gradually reduced above that range.
Officials said the measure could add ~8K housing starts in 2027, support up to 21K jobs, and strengthen Ontario's economy through construction activity.
Applications are not open yet; buyers purchasing eligible homes from April 1, 2026 through March 31, 2027 can apply after program launch.

Eligible Ontario new-home buyers can receive up to $130K in HST relief, renewing interest in pre-construction condos, semis, and townhouses across today's new-build market.
The full rebate applies up to $1M, remains available to $1.5M, then tapers to $24K for homes at $1.85M+ under current framework rules.
Tax savings do not change lender valuations; if the closing appraisal trails the contract price, buyers must cover any cash shortfall directly.
A federal banking regulator warned old blanket appraisals tied to purchase agreements may become outdated when new-build mortgage originations occur much later.
Buyers can reduce surprises by engaging a mortgage broker early, updating documents, reviewing contracts, budgeting cash reserves, and confirming assignment options with counsel.

In Ontario, some builders now advertise new-home prices exclusive of HST, meaning tax gets added first and buyer relief applies afterward, not before.
That matters because enhanced relief can cover full HST on eligible homes up to $1M, stay capped at $130K to $1.5M, then taper by $1.85M.
A home listed at $1.5M exclusive of HST is not a $1.5M acquisition; after relief, the example closing cost reaches roughly ~$1.565M.
At $1.475M exclusive of HST, relief brought the example to ~$1.537M, but adding a $75K lot premium lifted total cost to ~$1.637M.
Before comparing Ontario new builds or resale homes, confirm whether pricing includes HST, how upgrades affect totals, and what relief the buyer actually qualifies for.

Having spent over two decades immersed in Ontario’s construction and development landscape, I’ve seen firsthand how local housing dynamics can shift dramatically from one region to another. Recent insights highlight that Northern Ontario cities—Sudbury, Thunder Bay, Kenora, and Sault Ste. Marie—are standing out as sellers’ markets, demonstrating notable resilience even in the face of broader market challenges. These pockets of strength are a reminder that Ontario’s real estate story is never one-size-fits-all. Whether you’re considering buying, selling, or developing, it’s crucial to assess each city and neighborhood on its own unique merits. Our family-led, multi-generational approach is built around these nuances, ensuring that every asset is guided by deep local understanding and managed with a long-term, hands-on perspective.

Ontario’s real estate landscape continues to show just how much local conditions shape the experience for buyers and sellers alike. In late Q3, we saw 1,100 home sales across Ontario, but the story shifts dramatically from county to county. For example, one county recorded 138 sales at an average price of roughly $516,000, with 442 new listings and nearly 1,000 active listings on the market. Another held steady with 118 sales, average prices around $635,000, and homes spending about 60 days before closing. Meanwhile, a third county, though it had just 31 sales, saw average prices climb to about $857,000—up nearly 27% month-over-month and 8% over the year.

Years spent in Ontario’s construction and development sectors have shown me firsthand how vital it is to understand these kinds of local trends. Our family-led approach is built around helping clients navigate these market shifts—whether you’re looking to develop, build, or manage your property for the long term. As we move through municipal election season, these local differences remind us that a one-size-fits-all strategy simply doesn’t work in Ontario real estate. Guidance rooted in deep, community-specific knowledge is more important than ever for making informed decisions.