Trish Bongard Godfrey

Toronto's Record Breaking Year-End Sales Summary

18 January 2017
Trish Bongard Godfrey

Happy New Year. I hope you have had a good start to 2017. It would be folly for me to make any big predictions about President-elect Trump and his impact on real estate or anything else. I think we can agree that uncertain, unpredictable, and unconventional are terms to describe this man. And while businesses (and many ordinary humans) tend to want predictability and stability, there is certainly a big part of the world that is unhappy with the status quo. The stock markets seem happy with him so far, but we have a divided world.

Deals Not Done & Who Is Cashing Out Next

01 December 2016
Trish Bongard Godfrey

In my office we have a white board where agents post their recent sales. It includes the address, list price, sold price, number of offers and who represented the Buyer and the Seller. The board I wish we had is the wall of deals not made: Deals Not Done. These would offers prepared and presented in multiple offer situations for clients and who did not get the deal, because that would be very revealing, too. Recently I represented Buyers for a lovely home that sold for well over list price. There were 6 offers all together. There had been 7, but one dropped out I assume because of the competition. The next night, a colleague texted me at about 9 PM to say she was sitting in a car, waiting, and was representing one of 20 offers on a property that was a “first time buyers” home, on a busy street in the far east end of Toronto. It sold for over $900,000. These are just anecdotal stories: we all have them. You’ve heard them.

Market Watch - Toronto Region - November 2016 Infographic

30 November 2016
Trish Bongard Godfrey

Toronto Market Report November 2016 - Infographic

Toronto Real Estate Market Report April 2016

30 April 2016
Trish Bongard Godfrey

April’s market report could be a replica of March’s report. We continue to run out of superlatives in attempting to describe the Toronto area residential resale market. As they did in March, average sale prices continue to go up, days on market continue to decline, the inventory of available properties is evaporating, and buyer demand cannot be satisfied. Records in almost all categories are being broken monthly.

Record Year for TREB MLS® Home Sales in 2015

12 January 2016
Trish Bongard Godfrey

The second best sales result on record for December capped off a record year for TREB MLS® home sales in the GTA.