Tag: hst rebate
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Ontario’s HST Rebate Is Helping Boost New Home Sales In The GTA, Industry Says

Ontario’s new HST rebate appears to be giving the Greater Toronto Area’s struggling new home market a much-needed boost. New data released by the Building Industry and Land Development Association (BILD) shows new home sales remained stronger than expected in May, marking the second consecutive month that low-rise home sales outperformed their 10-year average. Industry…
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This Toronto Condo Project Sold 75% Of Units While Others Are Being Cancelled

As Toronto’s condo market continues to struggle with weak sales, project cancellations, and growing inventory, one developer has managed to do what many others currently can’t: secure enough buyers to start construction. Developer Canderel officially broke ground this week on Forêt Forest Hill, a three-tower condominium development at the corner of Bathurst Street and St.…