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 …

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 …