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An ocean of buyers is waiting on the sidelines

July 10, 2022

Despite rates going up, inflation remaining high, and prices surging, the real estate market in Toronto and much of the GTA is still rock solid. While sales and listings are starting to fall, prices are still going up in the city. A r …

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Cooling market + Tembo = Opportunity

June 19, 2022

Rates are going up for the foreseeable future. We’re in a tightening cycle that will continue until inflation begins to see a sustained decline. Experts predict that rates will go up until 2023, when they will begin to fall agai …

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Higher rates are coming, consolidate your debts today with Tembo

June 19, 2022

Rates keep going up and the expectations are that rates will only start coming down again in late 2023 to get us out of a potential recession. How fast rates go up and how quickly will define our economy and politics for years to co …

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Why the market will persevere

June 8, 2022

It’s hard to predict what the future will bring in a world as dynamically turbulent as ours these days. This is an era where everyday brings a new challenge, a new development, and above all – huge fast paced change. Inter …

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On the Bank of Canada’s credibility

June 8, 2022

There’s no doubt that the BOC’s standing has taken a bit of a beating. The BOC is now openly being criticized by politicians (largely on the right wing of the spectrum), and by some in the media and in the financial world. …

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A big rate hike to kick off June

June 8, 2022

The latest gift to Canadians from the Bank of Canada is a 50 basis point rate hike in June. Politicians, news headlines, economist surveys, and banking executives all take it as a given that the BOC has no choice but to jump up rates …

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Higher mortgage rates are lowering sale volumes, but not prices

May 17, 2022

The flurry of news stories was quick after the BOC hiked rates by 50 basis points; with the narrative changing to a cooled market, prices going back down to normal, and rife with stories of people regretting buying homes at the top of …

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Nothing transitory about our inflation problem

April 27, 2022

March inflation statistics (always released the following month) were not rosy – and neither were the headlines, with the CBC calling the increase the largest annual increase in the cost of living since the GST was created. Our …

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Where the southern Ontario real estate market is sizzling most

April 20, 2022

March year-over-year real estate figures showed some incredible surges in prices in the greater GTA. In Orangeville, a town of some 30,000 just north west of Toronto, prices for townhouses increased by over 50%. Apartment prices there …

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Is the BOC panicking?

April 20, 2022

We predicted that high inflation was likely not ‘transitory’ – remember that this was the narrative in late 2021 and early this year. That’s been proven to be a very weak and completely false narrative now. We …

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Will rates keep going up?

April 6, 2022

If we will be seeing rates consistently go up, the other question is how quickly will they rise? These are the big questions that will shape everything – real estate, housing, equity markets, the economy, and ultimately – …

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Ontario’s big transportation plan: find out where housing values will rise

April 6, 2022

Ontario’s Minister of Transportation Caroline Mulroney reiterated the province’s plan to spend $61 billion on public transit and $21 billion on highway expansion over the next ten years. Most of the projects have already …

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