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Category: Uncategorized

Category: Uncategorized

Take advantage of a sizzling seller’s market

May 24, 2017

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 …

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A Strong Real Estate Market is Here to Stay

May 16, 2017

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 …

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Effects of the Foreign Buyer Tax

May 8, 2017

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 …

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More on the Ontario Fair Housing Plan

May 2, 2017

Last week, Tembo released a blog outlining some of the basics of the Ontario Fair Housing Plan; a 16-point government initiative by the province of Ontario to cool the housing market in the Greater Golden Horseshoe region. In this blo …

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More on the Ontario Fair Housing Plan

May 2, 2017

Last week, Tembo released a blog outlining some of the basics of the Ontario Fair Housing Plan; a 16-point government initiative by the province of Ontario to cool the housing market in the Greater Golden Horseshoe region. In this blo …

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Sold your house in 2016? Don’t forget to claim it on your taxes

April 26, 2017

Canadians didn’t used to report the sale of their home, but this has changed since the Liberal government introduced new federal mortgage rules back in October. If you fail to claim the sale of your primary residence, you could face …

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An Introduction to the Ontario Fair Housing Plan

April 21, 2017

On April 20, 2017, the Government of Ontario unveiled a comprehensive, 16-point plan to reduce speculation, cool prices and rents, and to increase the supply of housing in the province. The plan was announced after much media speculat …

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Neighbourhood features that’ll boost your sale price

April 13, 2017

As Tembo Financial has previously noted, this is the best sellers’ market in southern Ontario history with record prices and demand. Homeowners who are selling now are seeing massive gains. Although the strong, healthy market is a f …

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Supercharged markets call for supercharged flexibility

April 11, 2017

In today’s housing market, where prices are rising by double digits and where supply is limited, buyers need every inch of flexibility they can muster to make competitive bids. When detached home prices and even some condo prices ar …

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A New Regulator for Home Builders

April 4, 2017

Ontario’s home builders employ hundreds of thousands of people, pay significant taxes to pay for our public services, and are instrumental in providing people with the kind of housing they want, where they want it. Home builders mus …

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A foreign-buyer tax for Toronto?

March 28, 2017

In August of last year, the Government of British Columbia implemented a 15% property transfer tax on foreign buyers solely in the Greater Vancouver area. The tax was implemented to cool the Vancouver housing market, reduce speculativ …

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5 ways to prepare your home for selling

March 23, 2017

  Take the home out of your house New buyers want to envision themselves in your house. The best way to do that is to de-personalize your home. Take down the family photos and put away the kids art that’s on the fridge. You ca …

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