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 …

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 …

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 …

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 …

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.  …