Real Estate News

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

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Ryan Ahadian
Ryan Ahadian
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