| Happy Sunday!
In this Weekend Edition you will find a busy event schedule across Canada 🇨🇦, the recap from the addy town hall and the latest industry news. Let’s go! Today’s reading time is 3½ minutes. P.S. Are you an addyOne Member yet? Become a member today! |
🗓️ Save the Date |
| TROUT LAKE VIEWING
We are thrilled to invite you to an exclusive viewing of the final product of our Trout Lake development. This project involved the transformation of a single-family house into a stunning front-back duplex, perfectly positioned with a picturesque lakefront view.
FIRESIDE CHAT
BLOSSOM INVESTOR SOCIALS Exciting news! 🌟 addy is teaming up with our friends at Blossom for their epic tour across Canada! 🇨🇦 This is your chance to join the vibrant investment community as we gather in four amazing cities. Don’t miss out on this incredible opportunity to connect, learn, and grow together. See you there! 🚀 |
📰 By the Numbers |
| CALGARY, AB
🤠 The Harrison just cracked 1200 investors and is $37,324 away from hitting $750,000 raised. This property is projecting monthly dividends and has already completed 4. The next dividend is expected on June 26th. TORONTO, ON 🔨 The latest property to drop on the addy platform is the Davenport and over 300 addy members have already invested. The opportunity is $56,966 away from cracking the $250,000 mark. CALGARY, AB 👩🏭 The Astra Block Industrial property in Calgary is $21,078 away from achieving $250,000 raised. 430 Canadians have already invested. LAKE COUNTRY, BC 🛍️ The Lakewood Shopping Center in Lake Country, BC is $1,745 away from hitting $350,000 raised and over 730 investors have already invested. |
📰 Industry News |
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| Are Canada’s major cities facing an exodus to more affordable alternatives?
Royal LePage commissioned a survey of residents in Toronto, Vancouver, and Montreal and found that 60% of renters and 45% of homeowners would consider a move to a more affordable alternative if they can find a job there or work remotely. (Wealth Professional) |
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| Is mass timber the next big thing in cheaper, greener construction? More provinces are saying yes
Urban downtowns are sometimes called concrete jungles because the apartments and office buildings that make up skylines from New York to Vancouver are generally made of — what else? — concrete. But that could change with a push underway to build more tall buildings with another material: mass timber. (CBC) |
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| Liberals say their plan to ’solve the housing crisis’ will build 3.9M homes by 2031
OTTAWA — The federal Liberals have unveiled their plan to solve the housing crisis, building on recent announcements with new tax incentives, more than a billion dollars for homelessness and a country-wide effort to build more housing on public lands. (The Gazette) |
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| The Cost Of Not Doing Business: Billions Lost As New Condo Projects Shelved In GTA
But, as developers delay project launches in response to the higher interest rates that have pushed away potential homebuyers, he and his labourers see their prospects in the formerly booming market dwindle. (Storeys) |
🏦 Bank of Canada |
| The Bank of Canada will trim interest rates to 4.75% on June 5, according to three-quarters of economists in a Reuters poll which showed three further cuts this year, with the last one hanging on a knife’s edge. (Reuters)
What do you think? Will the Bank of Canada lower interest rates on June 5th? (poll) |
🎙️ addy Town Hall Recap |
| addy’s co-founders, Michael Stephenson, Stephen Jagger, and Jeff Booth, recently gathered to discuss all things addy. The session provided a wonderful opportunity to answer questions from addy members and delve into the intricacies of how addy operates, its current state, and future. Tons of members were online for the event and were able to get their questions answered. The event was recorded and video will be made available soon. |
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(L – R Michael Stephenson, Stephen Jagger and Jeff Booth) |
🙏 Review Request |
| Could you take a couple of moments to write a review for addy? Your reviews are so helpful in spreading the word about addy and are the best way to help the community grow. Thanks for your continued support. Sincerely, Steve Jagger Google | iOS app | TrustPilot | Facebook | BBB |
🤔 What did you think of today’s newsletter? |
