Government of Ontario Lowering Costs for First-Time Home Buyers
🏡 Breaking News for First-Time Home Buyers!
Today, the Government of Ontario announced a major win for first-time home buyers. The full 8% provincial portion of the HST will be removed on newly built homes valued up to $1 million.
💰 That means up to $80,000 in savings, putting real money back into the pockets of first-time buyers and offering much-needed relief for those making one of the biggest financial decisions of their lives.
This bold and forward-thinking move is a huge step toward helping young Ontarians and families finally get a foot on the property ladder and achieve the dream of homeownership.
For more details:
https://www.orea.com/resources/media-room/media-statement/2025/October-28-2025