Explore this week’s Weekly Address for an overview of media predictions for 2024 in residential and commercial real estate, insights into the current addy Book Club read, information about our upcoming event, and three properties for your consideration. 👀 Stay informed with all the updates!

Industry News

😕 2024 Real Estate Predictions 

Numerous 2024 predictions are circulating on the internet, particularly regarding residential and commercial real estate. Here’s a compilation of some forecasts. What are your thoughts on what the future holds for Canadian real estate?

• Housing market 2024: What to expect with rate cuts in the forecast (Global News)
• Inflation and interest rates to drive housing market direction in 2024, say industry veterans (Financial Post)
• Home prices could drop by 10 per cent in early 2024: TD (CTV News)
• Higher prices, lower interest rates — here’s what to expect in Toronto real estate in 2024 (Toronto Star)
• Home prices will return to pandemic peak by end of 2024: report (BNN)
• Commercial real estate expected to recover through 2024 (The Globe and Mail)
• ‘Constrained Supply’ To Give Multifamily, Industrial Real Estate A Boost In 2024 (Storeys)
• 5 top towns for real estate investors in 2024 (Western Investor)

📊 B.C. property assessments show home values have stabilized after years of big gains
In the Lower Mainland, average home values have changed between minus five to plus five per cent (VancouverSun) 

💸 Liquidity gridlock worsens in US commercial real estate sector
Private lenders, in pole position as high interest rates leave them as the sole option for many in the commercial real estate market (Reuters)

Book Club

📖 I Will Teach You To Be Rich 
The addy Book Club is presently immersed in ‘I Will Teach You To Be Rich’ by Ramit Sethi. Interested in discovering more about the book club? Feel free to join the addy Discord for an inside look.

Vancouver Event

🎟️ Event: Realities of Money Manipulation, its Impact on Real Estate & What’s Next
At the upcoming event, join acclaimed author Jeff Booth as he delves into the pressing issues surrounding the manipulation of money and the profound impact of governments printing fiat currency. (A handful of Early Bird Tickets left)

Investment Opportunities Available Now

Wychwood

Toronto, ON

Participate in the ownership of a 9-unit multi-family complex consisting of 2 buildings located in the Wychwood neighbourhood of Toronto, Ontario. 

➡️ Get a 5% bonus (details)

Maple View Heights

Mission, BC

Participate in the ownership of the 108-unit purpose built rental development, including 11 affordable rental units, located in Mission, BC that is nearing completion.

Apex on Perkins 

Stillwater, OK 🇺🇸

This is your opportunity to participate in the ownership of a 234 unit & 732 bed student housing community located adjacent to Oklahoma State University in Stillwater, Oklahoma.

For a limited time, you can invest into this property using your Canadian dollar addy wallet! 446 Canadians have already invested. 

✅ Open to BC, AB, SK, MB and ON Residents 

✅ No USA Tax Requirements (you are investing in a Canadians entity)

✅ Quarterly Dividends Projected 

✅ Invest using USD or CAD

Complete Details