Positive numbers marked the overall situation for GTA real estate. Both the detached and semi-detached home and condo markets saw positive figures. Condo prices rose 7.5% and semi-detached home prices were up 6.6%. The average selling …

Another blog, another rate hike. The BOC (Bank of Canada) announced on Wednesday that its overnight rate would be increased from 1.50 to 1.75% This is the fifth increase in rates in the last year and a half. As Tembo has repeatedly me …

Few Ontarians know this, but hundreds of properties worth many billions of dollars are sitting empty across the province. Previously a psychiatric institution, Century Manor in Hamilton is one of more than 800 disused buildings owned …

For this week’s blog, Tembo once again turns to one of our favourite topics, interest rates. Important news out of the United States once again requires unpacking for our readers. “Trumponomics” Under President Trump …

On October 1st the Canadian federal government announced that an update of NAFTA had been achieved and that trade negotiations with the U.S. and Mexico had concluded. Caption: Prime Minister Justin Trudeau and Minister of Foreign Affa …

Yesterday, the Ontario Court of Appeal ruled that Bill 5, the Legislation passed by Premier Doug Ford’s government to reduce the size of City Council from a planned 47 seats to 25 is the law of the land. Bill 5 was originally st …

Before 1945 most of the GTA was farmland. Large suburban cities, Mississauga, Vaughan, Maple, Brampton were either small towns, non-existent, or farmland. Toronto was largely relegated to what most now consider the city’s downto …

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 …