Ontario PC Party Leader Doug Ford was recently caught in the headlines in Ontario’s heated election campaign after a video was released showing him discussing Ontario’s Greenbelt. Ford said that he wanted to open up large tracts o …

With the Ontario election less than 2 months away, the details are beginning to stream out of the political system. The third party New Democrats recently revealed a fully costed, comprehensive platform on what an NDP government would …

Real estate, like many aspects of life, is molded by perception and psychology When prices begin to pick up consistently, and when demand is healthy, a feeling of prosperity and long-term benefit kicks in, encouraging more people to b …

With house prices and sales falling in Toronto for a rough start to 2018, one of the shining beacons remaining in real estate is this condo market. Since the early to mid 2000s, the condo market in Toronto has boomed continuously, wit …

British Columbia Moves To Introduce new “Speculation Tax” – Will Ontario Follow? There is big real estate news out of British Columbia. The long-term heat of the Greater Vancouver real estate has made British Columbia a trend se …

  Sales and prices are down Stats from January of this year paint a difficult picture for GTA real estate. The Toronto Real Estate Board outlined that sales stats fell 22% to just over 4,000 units in January 2018. Unit sales were …

Why Tembo matters now more than ever Higher interest rates, insurance premiums and rising moving costs, new stress tests and tighter bank scrutiny and the extremely low availability of rental units in the GTA make Tembo’s services m …

   Apart from recent increases in interest rates by the Bank of Canada which Tembo predicted in our last blog, a big piece of recent real estate news deals with the rental market in Toronto, which is going through important changes …

Interest Rate Increase Is Imminent Prepare for another increase in interest rates on Jan. 17th, the date of the Bank of Canada’s next monetary policy announcement (decision on rates). It is Tembo’s prediction that the possibility …

New Year’s Blues For Toronto Real Estate And Our 2018 Market Prediction Stress Tests Now Online Jan. 1, 2018 marked the beginning of a much tougher regime of stress tests on first time homebuyers, putting more pressure on them to pr …

The Federal Reserve hikes rates and what that means for Canadian real estate On Wednesday of this week, Federal Reserve Chair Janet Yellen, in her final act in the job, raised the benchmark interest rate from 1% to 1.25%. President Tr …

Bank of Canada holds its ground despite surging economy Yesterday the Bank of Canada held firm and its very recent change in tone and policy by confirming it would hold its benchmark interest rate to 1%. The Bank increased rates twice …