A recent Reuters poll of reputable U.S. economists has a majority of them predicting that the Fed will begin cutting rates in June. Those polled believe the central bank is waiting on additional data outlining the state of inflation a …

55 recommendations were provided to the provincial government on Feb. 8th by the Housing Affordability Task Force. The provincial government convened the body in response to the tripling in average house costs for families over the la …

In the last four decades, major infrastructure projects in Toronto and the GTA have been few and far between. We have fallen behind. The last two major subway lines that were built benefited low density inner suburbs in North York and …

This week, the new Ford PC government released its first budget. The document outlines a new vision for the province and sets of the government’s fiscal strategy for the next few years. Contrary to the views of many, the budget …

Budget 2019 is the final Liberal budget before this year’s election. It outlined billions of dollars in new spending to please key Constituencies across the country. The Federal government has seen its revenues rise by over $10 …

  The Greater Vancouver Real Estate Board released rough real estate stats earlier this week. Reports showed that year-over-year Feb. residential home sales fell over 30%. This represents the worst Feb. sales total since 1985, ov …

2018 ended with significant stock market turbulence around the world, especially in New York and Asia. Tembo made note of this in its final 2018 blogs and newsletter (you can sign up here). As we mentioned, significant drops in the DO …

November was a dynamite month for job creation, with a record 94,000 jobs created, pushing the unemployment rate lower to 5.6%. This is the lowest level of unemployment since records began in the mid 70s. Just under 90 thousands of th …

   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 …

With the holidays fast approaching, perspective home buyers are writing their dream home wish lists, just as their kids develop their wish lists for Santa. When it comes to buying real estate in Toronto, not all home buyers are able t …

Saving for a home with cash now takes double the amount of time today as it did in the 1970s in terms of weeks of labour. This was found by the Broadbent Institute who determined that it takes about 400 weeks of labour to purchase the …