Here’s what caught my attention: Ontario’s enhanced HST rebate program is reshaping Ontario housing market in real time. According to BILD, April 2026 marked a significant milestone—the first month in three years that single-family home sales exceeded their 10-year average in our region.
The numbers tell a compelling story. Altus Group data shows 901 single-family sales in April—21% above the historical average for that segment. That’s the kind of momentum we haven’t seen in years. For context, our current Q1 2026 data shows the average Toronto detached home sold for $1.65M with a median DOM of just 22 days. This rebate is clearly fueling buyer confidence in the low-rise sector.
What does this mean for you? If you’re considering a move in the detached or semi-detached market, the timing is interesting. Strong buyer activity typically supports seller leverage, but it also means more competition if you’re purchasing. The rebate is working—it’s incentivizing families to act.
Here’s the caveat: condos are another story entirely. According to BILD’s data, condo sales languished at just 199 units in April, sitting 88% below the 10-year average. If you’re in or considering the condo market, momentum remains sluggish despite the rebate’s success elsewhere.
Total new home sales across all product types hit 1,100 units in April—up from April 2025’s record low, but still 55% below the typical monthly average of 2,418 units. Translation: the market is improving selectively.
As a RE/MAX agent working here in Ontario, I’m watching this closely. The rebate is clearly driving single-family activity, but it’s created a two-speed market. Whether you’re buying or selling, understanding which segment you’re in matters now more than ever.
Summary by AI, reviewed by Alex Goodman, Sales Representative, RE/MAX Your Community Realty. Original source: STOREYS
 | Alex GoodmanSales Representative · RE/MAX Your Community Realty, Brokerage Alex Goodman is a Sales Representative with RE/MAX Your Community Realty, Brokerage, serving the Greater Toronto Area. He specializes in residential sales across Ontario — luxury, first-time buyer, and downsizing transactions — and maintains InstantCalculator.ca as a free public resource for Ontario homeowners researching their property value. |