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Regulators are concerned about the real estate market – again

February 20, 2020

The activity we’re seeing the real estate market is raising red flags with federal regulators and the Bank of Canada. When the 2016-17′ boom reached its peak governments at all levels rapidly intervened to cool activity. W …

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Galleria Mall is in the dustbin of history

February 7, 2020

The corner of Dufferin and Dupont is a working class, generally blue collar area not far from the mid-Toronto rail track. The area has always been busy, heavily transited, and Dufferin St. has continuously grown as a major north-south …

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Buttonville Airport is going for sale!

February 3, 2020

Buttonville Airport is a privately owned, public airport just north of Markham. It covers over 170 acres of the primest of prime suburban 905 real estate. The airport is a half hour drive from downtown Toronto and is just east of High …

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Rents are roaring!

January 31, 2020

The latest data by Rentals.ca and Bullpen Research and Consulting shows that the average rent for a one-bedroom apartment in Toronto has hit $2,300, with a two bedroom going for just under $3,000. Nationally, average rents shot up by …

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What’s in the deal Trump signed with China

January 31, 2020

As the bombastic rhetoric turned to tough actions, the criticism, surprise, and even fear started to set in. Candidate Donald Trump was laughed at for his tirades against the Chinese winning at the expense of Americans, at the strong …

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Can you be denied a mortgage renewal?

January 29, 2020

Worried about being denied a mortgage renewal? Read this article to learn about reasons why your mortgage renewal could be denied & what to do about it. Being denied a mortgage renewal is possible and there are many reasons why th …

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Power of Sale: What is it and how to stop it

January 22, 2020

Power of sale can make it seem like you’re not in control of selling your home. Read this article to learn what it is & how to stop power of sale. Power of sale allows your lender to sell the subject property and be repaid f …

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Employment in Toronto

January 17, 2020

Toronto’s economy supports 1,569 million jobs. 1,178 million are full time and 390K are part time. The average wage of a full time worker in Toronto is just over $60,000. Job growth in Toronto has been healthy and consistent for …

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Can you use your mortgage for home renovations?

January 16, 2020

Ever wondered if you could use your mortgage for a home renovation? Here is more information about the process and benefits of doing it! The simple answer is yes! You can use your mortgage for home renovations. In fact, many people do …

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2020 set to be red hot for real estate in the GTA

January 7, 2020

Housing website Zoocasa recently got a decent amount of media attention when they released a blog outlining reasons for 2020 being a very hot year for real estate. In summary, Zoocasa is pointing to a lack of supply as the main reason …

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A snapshot of Toronto’s economy & construction sector as we wrap up 2019

December 20, 2019

In this blog post, Tembo will give its readers an overview of the state of Toronto’s economy and its major financial indicators. In this way, Tembo hopes to reveal the overall good shape, flexibility, and versatility of Toronto& …

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An Overview of Toronto’s HousingTO 2020-2030 plan

December 13, 2019

The City of Toronto is unveiling a broad, ambitious 10 year plan to address the major issues of homelessness, housing stress, and a lack of affordable housing options for tens of thousands of City residents. The plan seeks to pool tog …

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