New high-rise sales in the GTA hit record low for September, while low-rise new home sales outperform
Toronto, Oct.
22, 2026 (GLOBE NEWSWIRE) -- As low-rise new home sales in the Greater Toronto Area (GTA) surpassed its 10-year average for a sixth consecutive month, high-rise sales hit a record low with just 129 new units sold in September, the Building Industry and Land Development Association (BILD) said today.
The low-rise sector has responded positively to the HST rebate program, but rules around construction start and completion dates have hindered the high-rise sector from fully participating and reaping the same benefits of the program.
Read More
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on financialpost.com — the content belongs to Financial Post.
