Numbers reveal a positive August for GTA real estate and welcome figures for an industry that had a relatively cool summer selling season. In Toronto, sales increased by 8.5% and prices were up 4.7% from a year ago. The average price …

Toronto’s condo boom continues unabated, the number of construction projects and the lineup of cranes over the skyline continues to grow and impress. In this blog post, Tembo will outline some of the key condo projects that are …

July’s inflation figures are up to 3%, the biggest monthly increase in over 7 years as prices for gasoline and and air travel increased sharply. Bank of Canada Could Increase Rates By Another 0.25% Tembo has consistently reminde …

Unemployment hasn’t been this low in over 40 years, having now hit 5.8% nationally. Ontario and BC lead Canada, with 5.4% and 5% unemployment respectively. In hard hit Alberta, suffering from a collapse in oil prices, unemployme …

The 2018 Toronto Mayoral election is fully on with the entry of Jennifer Keesmaat into the race. Toronto’s former Chief City Planner from 2012 to 2017, Keesmaat was well known for her strong voice and outspoken style, unlike oth …

In this week’s blog, Tembo Financial will outline how interest rates are set in Canada and the United States.  Rate setting by the Bank of Canada (BOC) and the Federal Reserve (Fed), most impact Canadian and GTA real estate.  …

The traditional condo, detached, and semi-detached housing market is in relatively good shape in the GTA. This week, Tembo will focus on another component of the market; commercial and industrial properties. In a few of our past blogs …

Sales had their best month in over 14 years as growth hit 18% from June 2017 figures. Prices rose almost 3%, with the average home now exceeding $800,000. Listings also declined, tightening supply and beginning a trend which will bene …

The Bank of Canada to increased rates at its decision meeting on Wednesday, July 11th. The central bank increased its key rate to 1.5 per cent from 1.25 per cent. The forces that favoured an increase in the cost of money outweighed th …

The rental vacancy rate in Toronto is at a record low of 1.1%. In other words, there are few, if any, vacant rental units available in the rapidly growing city. Prices for a bachelor apartment now exceed $1,500 and condo rent is also …

Doug Ford’s Progressive Conservative Party won a decisive majority government last week Doug Ford Hands Liberal Party It’s Worst Loss In Years Doug Ford’s Progressive Conservative Party won a decisive majority government …

  Housing Is One Of The Biggest Issues In The Upcoming Ontario Elections  With the middle class increasingly squeezed out of the housing market, government intervention will be increasingly called for and more and more political cap …