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 …

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 …

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 …

  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 …

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 …

  Sales and prices are down Stats from January of this year paint a difficult picture for GTA real estate. The Toronto Real Estate Board outlined that sales stats fell 22% to just over 4,000 units in January 2018. Unit sales were …

Why Tembo matters now more than ever Higher interest rates, insurance premiums and rising moving costs, new stress tests and tighter bank scrutiny and the extremely low availability of rental units in the GTA make Tembo’s services m …

The Federal Reserve hikes rates and what that means for Canadian real estate On Wednesday of this week, Federal Reserve Chair Janet Yellen, in her final act in the job, raised the benchmark interest rate from 1% to 1.25%. President Tr …

Ontario Election 2018 – What’s in it for real estate? In this blog post, Tembo Financial Inc. will analyze the election platform for the Progressive Conservative Party (PCs) and will outline what the official opposition is proposi …