03/26/2026
TRREB Welcomes HST Elimination for ALL New Homebuyers 🏠
Today, the Federal and Ontario Governments announced a major step forward for housing affordability: the elimination of the 13% HST has been expanded from first-time buyers to all buyers of new homes valued up to $1.5 million, with the rebate capped at $130,000. A reduced rebate is available on homes valued above $1.5 million.
TRREB and our Housing Advancement Coalition have been advocating for these affordability reforms, and we're pleased to see them become a reality starting in April. 🙌
TRREB looks forward to continuing to work with Premier FordNation, Minister Peter Bethlenfalvy, Minister Rob Flack and the Federal Government to ensure that policies translate into more homes being built, greater affordability for consumers, and a stronger housing market that supports communities across Ontario.
This rebate runs from April 1, 2026, to March 31, 2027.
Read full statement from TRREB CEO: https://trreb.ca/hst-elimination-for-all-buyers-of-new-housing-is-a-major-step-forward/