Toronto is in the midst of full-blown housing crisis whose severity will soon stretch and tear at our City’s social fabric, inflame socio-political tensions, further erode our resident’s quality of life, and cripple long t …

Out country has had an interesting history of immigration stretching back hundreds of years. Throughout the late 19th century, immigration was modest compared to modern levels. Annual immigration averaged roughly 25-50,000, topping …

We are rapidly approaching the 2020 U.S. Presidential election. What’s already been an eventful, heated, controversial, and at times militant last few years politically in the U.S. is only going to intensify. Donald Trump is fac …

Real estate is red hot in the GTA again. The stagnant market conditions with meager gains in price and demand momentum has now been replaced with surging prices, demand, and overall momentum. Tembo has already noted that the psycholog …

The condo market has been booming for a generation in Toronto with a tiny blip recorded in the 07-09 slowdown. Condo flipping made thousands of savvy investors healthy profits throughout this boom, while our skyline has been transform …

Bank of Canada Governor Stephen Poloz surprised no one when he announced that the Bank of Canada’s interest rate would remain unchanged at 1.75%. As Tembo outlined in our past post, analysts were divided over whether the Bank wo …

After one of its longest recesses in history, the provincial PC government will be back at work when the Legislature resumes on October 28th. The PCs took many months off to rest and re-calibrate, and to allow the Federal election to …

The CMHC recently released a report which attempts to predict the state of housing in our city next year. The report is bullish, suggesting prices on average will rise by roughly 5% – taking the average home price to between 740 …

The BOC will be announcing its next move on rates on the week of October 28th. Whether they stay even or go down is a big question, but they most certainly won’t be going up anytime soon. If rates do go down, expect the recovery …

It’s striking to see the shift in the media’s tone on real estate over the last few months. The positivity started in earnest in late June and early July, and began to pick up as the summer ended and the school year began. …

RBC’s lauded economics division recently released a report called Big City Rental Blue: A look at Canada’s Rental Housing Deficit which has grabbed a decent chunk of media attention. The report is an interesting read. It s …

There’s been significant media attention in the last few months on escalating tensions in the Persian Gulf between the U.S., Israel, Saudi Arabia and its allies and Iran. Not long ago, the Saudis claimed that an attack on a majo …