The Ford PC government has unveiled a major piece of omnibus legislation designed to promote the construction of new housing and to reform planning in Ontario. The bill is being passed swiftly by the government, as is the case with mo …
Read More »The Ford PC government has unveiled a major piece of omnibus legislation designed to promote the construction of new housing and to reform planning in Ontario. The bill is being passed swiftly by the government, as is the case with mo …
Read More »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 …
Read More »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 …
Read More »It’s over folks, the Federal Reserve has given up on raising rates to historical levels. The announcement was preceded by rumours and media opinions suggesting the old hike schedule was dead and buried. The Fed’s new sched …
Read More »We’re addicted to covering the Federal Reserve at Tembo for the simple reason that it effectively runs the global economy and sets the tone for Canada’s economy, exchange rate, and real estate market. It is that important …
Read More »For Tembo’s final blog of 2018, we want to leave you with some interesting GTA statistics. All of our predictions for 2019 were outlined in our final newsletter – many of which are beginning to look on point given big fall …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
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