{"id":79061,"date":"2025-11-07T19:18:24","date_gmt":"2025-11-07T19:18:24","guid":{"rendered":"https:\/\/condoy.com\/?p=79061"},"modified":"2025-11-07T19:18:26","modified_gmt":"2025-11-07T19:18:26","slug":"major-pst-hst-relief-for-first-time-home-buyers-savings-up-to-130000","status":"publish","type":"post","link":"https:\/\/condoy.com\/major-pst-hst-relief-for-first-time-home-buyers-savings-up-to-130000\/","title":{"rendered":"Major PST\/HST Relief for First-Time Home Buyers Savings up to $130,000"},"content":{"rendered":"\n<p>The federal and Ontario governments have both introduced significant tax rebates for first-time home buyers purchasing new homes.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Federal:<\/strong> The Government of Canada announced full GST relief on new homes valued up to <strong>$1 million<\/strong>, with a gradual phase-out to <strong>$1.5 million<\/strong>.<\/li>\n\n\n\n<li><strong>Ontario:<\/strong> The Province followed with a similar rebate on the <strong>8 % provincial portion of HST<\/strong>, mirroring the federal thresholds.<br>Combined, these initiatives can save eligible buyers <strong>up to $130,000<\/strong> on the purchase of a new home.<br>\ud83d\udd17 <a href=\"https:\/\/www.canada.ca\/en\/department-finance\/news\/2025\/05\/gst-relief-for-first-time-home-buyers-on-new-homes-valued-up-to-15-million.html?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Government of Canada \u2013 GST Relief for First-Time Home Buyers<\/a><br>\ud83d\udd17 <a href=\"https:\/\/news.ontario.ca\/en\/release\/1006665\/ontario-lowering-costs-for-first-time-home-buyers?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Government of Ontario \u2013 Lowering Costs for First-Time Home Buyers<\/a><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The federal and Ontario governments have both introduced significant tax rebates for first-time home buyers purchasing new homes.<\/p>\n","protected":false},"author":2,"featured_media":79062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1537,5],"tags":[1355,1357,1361,1356,1316,1350,1413,1392],"class_list":["post-79061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-market-update","category-news","tag-homeprices","tag-housingmarket","tag-realestateforecast","tag-realestatenews","tag-realestatetrends","tag-torontorealestate","tag-housing-market-activity","tag-realestatenews-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/condoy.com\/api\/wp\/v2\/posts\/79061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/condoy.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/condoy.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/condoy.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/condoy.com\/api\/wp\/v2\/comments?post=79061"}],"version-history":[{"count":1,"href":"https:\/\/condoy.com\/api\/wp\/v2\/posts\/79061\/revisions"}],"predecessor-version":[{"id":79063,"href":"https:\/\/condoy.com\/api\/wp\/v2\/posts\/79061\/revisions\/79063"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/condoy.com\/api\/wp\/v2\/media\/79062"}],"wp:attachment":[{"href":"https:\/\/condoy.com\/api\/wp\/v2\/media?parent=79061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/condoy.com\/api\/wp\/v2\/categories?post=79061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/condoy.com\/api\/wp\/v2\/tags?post=79061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}