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Category: Real Estate

Category: Real Estate

On Real Estate Predictions for Spring 2019

March 20, 2019

It’s hard to predict real estate trends and long term changes. Experts, economists, and real estate watchers will all have their views. Southern Ontario and GTA residents are generally positive about the long term fundamentals. …

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Mixed Real Estate Conditions and a Potential BOC Rate Cut

March 8, 2019

  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 …

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SNC Lavalin Scandal Could Change Canada’s Government

March 1, 2019

The Federal government is reeling from the pressure of a scandal that has shaken elite circles across the country. Extensive media coverage in the last several days has widely revealed the scandal to the public – we are of cours …

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On Canada’s Wealth

January 3, 2019

There has been a fair amount of media coverage over the last few days from an interesting, recently released stat from StatsCan on Canadian net wealth. It seems we’re a lucky country – our net wealth has topped $11 trillio …

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Bank of Canada’s Huge Announcement On Mortgage Bonds

November 25, 2018

On Friday, November 23rd at 10am, the Bank of Canada issued a ‘market notice’ announcement with big implications. For the first time, the Bank stated that it would begin making innovative additions to its balance sheet: th …

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October Was A Good Month For GTA Real Estate

November 9, 2018

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 …

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A Brief Post-War History Of Real Estate Development

September 11, 2018

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 …

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A Positive August For Real Estate

September 5, 2018

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 …

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Major Toronto Condo Projects For 2018

August 23, 2018

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 …

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Another Rate Hike Is Coming

August 15, 2018

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 …

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June Was Good to Toronto Real Estate

July 16, 2018

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 …

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Bank of Canada Hikes Rates

July 11, 2018

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 …

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