As our nation celebrates 150 years of straddling the world’s stage, Tembo has decided to prepare a blog outlining how important the real estate sector has become to our national economy and prosperity. Historically, the bedrock of t …

Last week the Bank of Canada hinted that the time may have come for an increase in interest rates. Low inflation and strong GDP figures were cited by the Bank of signs that economic growth was accelerating and that a variety of econom …

Ontario’s new budget plan has added several points to expand opportunities in the province.  Here are a few initiatives planned for 2017. Affordable Expenses: It has been made easier for Canadians to pay for everyday expenses. This …

As Tembo outlined in our previous blog post, several trends were beginning to emerge in the GTA real estate market which benefits buyers. The first was that prices were beginning to plateau, with increases not nearly as large as the p …

The latest Toronto real estate news reveals changing patterns. On the one hand, prices have tumbled slightly but are still 15% higher than this time one year ago. More and more home owners are listing their houses for sale on the mark …

The Toronto housing market has soared up to 33% from a year ago, in which a detached home can cost up to $1.6 million. However, in recent news, Ontario has several plans to support housing across the province. Ontario has invested in …

In this blog post, Tembo will briefly outline 5 major public transit projects that will promote densification, reduce traffic and congestion, and spur development across much of the GTA. Eglinton Crosstown: One of the largest construc …

In another sign of how strong and resilient the GTA’s real estate market is, housing suppliers are having trouble accessing land to build properties on because of incredible competition and strong demand from builders, developers, a …

Here are a few tips on how to save money in case of a bump in the road or a rainy day. It’s always important to consider ways to save money. These easy methods can make a huge difference in your savings and spending habits.   M …

New taxes on foreign purchases, the start of the red hot Spring listing season, and continuously increasing demand for housing is reinforcing the GTA’s already rock solid seller’s market. The number of new listings has increased m …

In this blog post, Tembo Financial will outline some of the main underlying foundations of the real estate market in the Greater Toronto Area. These foundations are the key pillars of strength, resilience, and health in our housing ma …

On April 20, the Ontario government announced a 16-point housing plan aimed at improving affordability, increasing supply, and protecting renters. The plan’s centerpiece was a 15% Vancouver style foreign buyer tax on properties in t …