We wouldn't expect a reduction in the price of homes as a result of this rebate, because the rebate is claimed directly by the purchaser of the home. As I said, the purchasers don't even have to disclose if they're first-time homebuyers to the builder. The builder is going to charge what the builder is going to charge, whatever the market will bear. They can either assign that rebate to the builder and have it reflected in the contract, or they will be able to claim it directly with the CRA.
