Home sales data for 1st month of the HST rebate window is out. Here's what the numbers show
Home sales data for 1st month of the HST rebate window is out. Here's what the numbers show
In April, 1,100 new homes sold in the GTA, nearly triple last year's 384, driven mainly by a rise in single-family home sales (901 vs. 241). Condo sales increased to 199 from 143. The HST rebate on new homes up to $1 million is credited for boosting sales, aiming to restore normal levels. Provincial legislation is approved, but federal approval is pending, affecting rebate implementation.