Trish Bongard Godfrey

September Market Update

25 September 2018
Trish Bongard Godfrey

Prices Made Public...Exclusive Listings... and more


Market Watch - Toronto Region - April 2017 Infographic

30 April 2017
Trish Bongard Godfrey

Market Watch - Toronto Region - April 2017


Toronto Region Real Estate Market Report - April 2017

30 April 2017
Trish Bongard Godfrey

The Toronto and area marketplace behaved uncharacteristically in April. For the first time in many years the number of sales this month was fewer than the number of sales reported in the corresponding month the year before.


Toronto Region Real Estate Market Report - March 2017

31 March 2017
Trish Bongard Godfrey

March residential resale numbers were staggering, in every category.


Market Watch - Toronto Region - March 2017 Infographic

31 March 2017
Trish Bongard Godfrey

The market continues to be plagued by unprecedented low inventory levels.


Sales Up and Listings Down in February

08 March 2017
Trish Bongard Godfrey

Despite the fact that February 2016 had one more day due to the leap year day, this result was up on a year-over-year basis by 5.7 per cent compared to 7,583 sales reported last year.


Toronto Region Real Estate Market Report - February 2017

28 February 2017
Trish Bongard Godfrey

The question that economists, journalist, politicians and realtors are all asking is: What’s happening to the Toronto real estate market?


Market Watch - Toronto Region - February 2017 Infographic

28 February 2017
Trish Bongard Godfrey

Market Watch - Toronto Region - February 2017 Infographic


Market Watch - Toronto Region - January 2017 Infographic

31 January 2017
Trish Bongard Godfrey

Market Watch - Toronto Region - January 2017 Infographic


Toronto Region Real Estate Market Report - January 2017

31 January 2017
Trish Bongard Godfrey

The Toronto and area residential resale market picked up where 2016 ended. In fact it accelerated the pace of sales we witnessed in December. This is unusual behavior for the market in January, usually a slow month, as buyers and sellers kick out the holiday season cobwebs. But these are unusual times, very unusual times.


Market Watch - Toronto Region - December 2016 Infographic

31 December 2016
Trish Bongard Godfrey

Market Watch - Toronto Region - December 2016 - Infographic


Toronto Real Estate Market Report - December 2016

31 December 2016
Trish Bongard Godfrey

Another record breaking year for the Toronto and area residential resale market. In 2016 113,133 properties were reported sold. This number shattered the previous record of 101,213 properties sold in 2015. That makes two consecutive years in which Toronto and area sales have exceeded 100,000.


Toronto Real Estate Market Report - November 2016

30 November 2016
Trish Bongard Godfrey

The year is coming to an end, but there is no slowing down the Toronto resale market. The record for most sales in the greater Toronto area in any year has already been shattered, and there is still the month of December.


No slowdown in sight.

18 November 2016
Trish Bongard Godfrey

And I predict Ex-pats will be coming back.


Market Watch - Toronto Region - October 2016 Infographic

31 October 2016
Trish Bongard Godfrey

Toronto Market Report October 2016 - Infographic


Toronto Real Estate Market Report - October 2016

31 October 2016
Trish Bongard Godfrey

In October the Federal Finance Minister implemented new “stress testing” for buyers looking for high ratio loans. A buyer seeking a high ratio loan normally has less than 20 percent of the purchase of the property. The new “stress testing” rules require borrowers to be qualified at banks’ posted rates, and not the discounted rates, the rate of interest they will actually be paying.


Market Watch - Toronto Region - September 2016 Infographic

30 September 2016
Trish Bongard Godfrey

Toronto Market Report September 2016 - Infographic


Toronto Real Estate Market Report - September 2016

30 September 2016
Trish Bongard Godfrey

As the month of September comes to an end, the two major concerns about Toronto and area’s resale market are declining supply, to critical levels, and rapidly rising home prices. Both have been issues throughout 2016, but they have now become hot points that are attracting the attention of government and potential government intervention.


Market Watch - Toronto Region - August 2016 Infographic

31 August 2016
Trish Bongard Godfrey

Toronto Market Report August 2016 - Infographic


Toronto Real Estate Market Report - August 2016

31 August 2016
Trish Bongard Godfrey

As we enter the traditional fall market, the big story in Toronto is inventory shortage. At the end of August there were only 9,949 residential properties available to buyers, a number only slightly higher than the 9,813 properties reported sold in August. This is a historic low.


Toronto Real Estate Market Report - July 2016

31 July 2016
Trish Bongard Godfrey

The Toronto residential resale market set a new record for sales in July. It appears that there are no more seasonal slowdowns. Almost 10,000 properties were reported sold in July, a month when historically both buyers and sellers took vacations and the number of sales dropped noticeably.


Market Watch - Toronto Region - July 2016 Infographic

31 July 2016
Trish Bongard Godfrey

July was the strongest July on record for reported sales.


Brexit Could Be Good for Toronto Real Estate

20 July 2016
Trish Bongard Godfrey

For the past month, global news has been dominated by the British referendum on leaving the European Union. The good news is, Brexit could turn out to be good for the Toronto real estate market.


Toronto Real Estate Market Report - June 2016

30 June 2016
Trish Bongard Godfrey

June was, as have been all the months in 2016, exceptional. What we did not see however is a new monthly average sales price record, notwithstanding that June’s average sale price was almost 17 percent higher than the average sale price recorded last June.


Market Watch - Toronto Region - June 2016 Infographic

30 June 2016
Trish Bongard Godfrey

The records were fewer in June even though it was still a very strong month.


Toronto Real Estate Market Report - May 2016

31 May 2016
Trish Bongard Godfrey

May 2016 was the best May in the history of the Toronto and area residential resale market. The market has evolved in such a way that every month new records are set. May was no exception.


Market Watch - Toronto Region - May 2016 Infographic

31 May 2016
Trish Bongard Godfrey

More records were set in May. A detached house in Toronto now cost $1,285,693, an increase of more than 15 percent in just one year.


Hot New Globe & Mail Real Estate Feature? I don’t think so!

03 May 2016
Trish Bongard Godfrey

The Globe has teamed up with Teranet-National Bank to provide a cool new on-line feature to track prices by postal codes, but it may not be all that useful.


Market Watch - Toronto Region - April 2016 Infographic

30 April 2016
Trish Bongard Godfrey

April was marked by record sales, record days on market, record average sale prices and a desperate need for more inventory. Very light conditions for buyers.


Quirky Facts from TREB's Year-in-Review Report

16 February 2016
Trish Bongard Godfrey

TREB's first ever year-end report included some fascinating data from an Ipsos poll commissioned by TREB in November 2015.