Cheryl DesRoches - Royal LePage Burloak

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10/11/2026

Happy Thanksgiving

10/08/2026

Ontario HST rebate shields new home sales
Interesting trends in our local new home market: single-family home sales in the GTA reached 692 units—an impressive 47% above the 10-year average, with overall new home sales at 907. The benchmark price for new homes saw a 14.6% decrease compared to last year. Meanwhile, condo sales were 78% below average, largely due to the current limits on tax incentives. The Ontario HST rebate continues to play a key role in supporting new home sales. As someone who works closely with buyers and sellers throughout Burlington, Waterdown, Oakville, Milton, Halton Hills, and Hamilton, I know how important it is to understand these shifts when making decisions about your next move.

https://www.roomvu.com/agent-news/cheryl-desroches/2099956-Ontario-HST-rebate-shields-new-home-sales

10/07/2026

Ontario HST Rebates Boost New Home Sales
As someone who works closely with buyers and sellers across Burlington, Oakville, and the Halton Region, I see firsthand how government policies and taxes impact our local housing market. Ontario’s temporary HST relief has sparked important conversations about affordability, sales activity, and consumer confidence. While this short-term measure offered some support, many in the industry—builders, developers, and homebuyers alike—ran into challenges with rollout delays and uncertainty around rules and applications, which limited its immediate impact. The reality is that builders are already managing higher material and labour costs, lengthy approval processes, and restrictive regulations, with taxes and fees adding significant pressure. Highrise condo developments, in particular, face risks due to their long timelines, making brief tax relief less effective for getting new projects off the ground. Industry advocates are urging for a long-term solution: permanent HST relief, or even the removal of this tax on new homes, as a way to help Ontario reach its goal of 1.5 million new homes by 2031. It’s a complex landscape, but understanding these factors helps us all make more informed decisions in our home buying and selling journeys.

10/06/2026

Ontario Builders Prepare for Growth with New Investments
With ongoing tariff disputes between Canada and the U.S., we're seeing the cost of building homes in Ontario rise by $9,000–$14,000 for single-family homes and $18,000–$28,000 for mid-rise units. These increases are affecting not only materials and jobs, but also the pace of housing starts and the overall affordability of homes across our region. As someone who works closely with buyers and sellers throughout Burlington, Oakville, Waterdown, and the surrounding communities, I know how important it is to stay informed about these factors and how they influence the local real estate market.

10/03/2026

Single-Family Homes Enjoy Stable Market with Steady Demand
August brought a noticeable shift in the Greater Toronto Area real estate market, with homebuyer competition cooling down significantly. Only 2% of neighbourhoods saw overbidding, while a majority of homes—79%—sold below their asking price. This trend was especially pronounced for single-family homes, where 95% of neighbourhoods experienced below-asking sales, and for condos, where that figure reached 98%. As someone who works closely with buyers and sellers throughout Burlington, Waterdown, Oakville, Milton, Halton Hills, and Hamilton, I pay close attention to these market movements to help clients make informed decisions. Understanding these local trends is crucial, whether you’re planning your next move or simply keeping an eye on your neighbourhood.

10/02/2026

Expert: Priorities That Should Guide Ontario's Housing Reform
As someone who helps clients navigate the real estate market across Burlington, Oakville, Waterdown, and surrounding areas, I see firsthand how housing affordability in Ontario is a challenge for many families. With home prices now over seven times the average annual income, the path to homeownership can feel out of reach. Much of this is driven by high taxes, various fees, and complex regulations that push costs even higher. Meaningful housing reform in Ontario should focus on tax relief for buyers, streamlining approval processes, modernizing building codes, and rethinking the land transfer tax. These changes could make a real difference—helping more people put down roots in the communities they love.

09/29/2026

Burlington Homes Become More Affordable at $1.02M in August
Let’s connect and talk about the latest insights in the industry!

09/28/2026

GTA Low-Rise Demand Gets Boost
We’re seeing some interesting movement in the GTA’s low-rise new home market. The recent HST rebate program has sparked renewed buyer interest, with demand picking up noticeably for these types of homes. Builders have responded by steadily releasing more low-rise options, which is helping to keep things balanced and putting a cap on rapid price growth—a welcome trend for many of my clients throughout Burlington, Oakville, Milton, and the surrounding areas.

Meanwhile, the condo sector hasn’t seen quite the same lift, mainly because construction timing rules have made it harder for condos to benefit from these incentives. It’s worth noting that while gross prices haven’t changed to reflect the rebate, qualifying buyers are seeing extra savings, which is making a real difference in affordability and opening doors to new homeownership opportunities in the GTA. Industry voices suggest programs like this don’t just help buyers—they also support jobs and strengthen our region’s economic outlook. There’s a call for governments to look at ways to help the condo sector share in these benefits as well.

As someone who guides clients through every step of the buying and selling process across Halton and Hamilton, it’s rewarding to see measures that help create more balanced options in our local real estate landscape.

09/24/2026

GTA Homes More Affordable as Prices Dip Below $1M
August brought a modest shift in the GTA real estate landscape, with home sales dipping by 2.1% year-over-year to 5,057 transactions. Average home prices also edged down by 2.7%, settling just under the $1 million mark at $993,410, and benchmark prices saw a 4.5% decrease. This seasonal slowdown is something many of us anticipate, but it’s worth noting that improved affordability is beginning to open doors for more buyers. In my work across Burlington, Oakville, Milton, and the surrounding communities, I’m seeing clients weigh their options carefully as the market evolves. Whether you’re considering a move or keeping an eye on local trends, understanding these shifts is key to making confident decisions in our region.

https://www.roomvu.com/agent-news/cheryl-desroches/1974029-GTA-Homes-More-Affordable-as-Prices-Dip-Below-%241M

09/23/2026

Canada Fee Cuts Could Unlock Supply
Development fees play a major role in the cost of new homes across Canada, and recent research from a national housing agency suggests that reducing these costs could make around 14% more residential projects financially viable. For those of us watching the Greater Toronto Area closely, the numbers are striking: in Toronto, eliminating these charges could increase viable housing projects by about 10%, enough to meet half of the city’s stated supply targets. By comparison, Calgary’s fees range from about $4,000 for a one-bedroom high-rise to $9,000 for a detached home—much lower than Vancouver’s $20,000–$33,000 range for similar properties. Of course, these fees help fund essential infrastructure like roads, sewers, and administration, so there’s a balance to strike. But lowering development fees, especially on family-sized homes, could make a real difference for families in our region looking for new options in a competitive market. As someone who helps buyers and sellers across Burlington, Oakville, Waterdown, and beyond, I see how important affordability is for families hoping to find the right fit in our local communities.

Address

3060 Mainway, Suite 200
Burlington, ON
L7M1A3

Telephone

+19053353042

Website

http://www.cherylrlp.com/

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