Sonia Dhuga Real Estate

07/03/2023

11/09/2022

11/07/2022

It was a pleasure helping my client find the perfect tenants for her first investment property

Listed October 30th, leased conditionally November 2nd closed november 4th!

Entire transaction completed within one week 👊🏼.

Lets go!

10/05/2022

Hello Friends,

Fall has officially begun, I can't believe the leaves on the trees are already changing.  With the change in season, there have been some changes to the Greater Toronto Area's residential real estate market.  The most dramatic changes have occurred to the volume of sales, there have been 44% fewer trades this September compared to last September.  However, the average price of all home types is only down 4% compared to the same time period.  Prices have begun to adjust but not as drastically as one may have thought in relation to the rise of mortgage rates.   Inventory levels increased by 47% compared to last September, up to a total of 13,534.  Historically speaking this number is still not enough to cool the continued interest in real estate.  

With annual immigration numbers being between 400,000 to 500,000 per year for the foreseeable future, the supply of homes will continue to be limited.  

The rental market has continued to be very busy.  With borrowing costs increasing more buyers have chosen to sit on the sidelines in hopes to wait out the rate increases or to see if prices will continue to adjust down.  With continued limits on the amount of homes for sale and strong  immigration numbers, pricing will continue to adjust slowly or stay flat compared to previous years as the market gets used to the new interest rate environment.  

More opportunities continue to arise in the residential pre-construction market.  Developers have had to get more and more creative with their promotions and deposit structures to attract buyer interest.  To understand more about how to invest and where opportunities lie in this market please do not hesitate to reach out to me.  As an organization we have access to the best projects with the best developers across the province.  

I hope you and your family are keeping well, please never hesitate to reach out to me with any of your real estate questions.  

09/21/2022

Happy International Day of Peace ✌️ 🕊️

09/19/2022

Do small things in a great way

09/14/2022

Home inspectors have seen it all, including some of the most common hidden defects that you should be educated about when buying or selling a home. Follow this link to our blog to learn more about the top 5 most expensive fixes your home inspector can uncover that you should be aware of when buying a home.

Home repairs often come with a hefty price tag. That’s why it’s essential to have a home inspection before you make among the largest financial purchase of your life. Waiving a home inspection can quickly turn your dream home into a money pit. The problem is, not all of the most expensive fixes

09/12/2022

Where are your goals leading you?

09/08/2022

Would you prefer a bright front door or a subtle front door? Comment below⬇️

09/06/2022

Curious about how your home's value has changed? Request a free, updated report by clicking below now.

Get the information you need to make a good decision about your home!