Weekly Address April 16th Edition

The Bank of Canada held rates this morning, we held an exclusive event in Vancouver today (more on that soon) and there are 5 opportunities on the platform for your review with more coming. Watch for details in your account account soon.

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🗞️Real Estate News

Bank Of Canada Holds Interest Rate For First Time In A Year

This marks the first pause from the Bank of Canada since April 2024, and follows a quarter-point cut delivered in mid-March (Storeys)

Buyers Lining Up At 6am For A Launch? Yes, It Can Still Happen

a line up form at 5:45 am recently outside their Ridgewood sales centre for 32 Coquitlam townhomes. By the end of the weekend, they’d sold 30 townhomes, priced from $1.1 million to around $1.4 million. (Storeys)

Unsold condos piling up in Metro Vancouver, says report 

Rennie’s report said there are currently 2,179 completed, unsold condos in the region. After factoring in absorption, this figure is projected to grow to 3,493 units by year’s end, a jump of 60.3 per cent.(Western Investor)

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Carney, Poilievre align on pipelines as Trump and trade loom over French debate

Liberal Leader Mark Carney and Conservative Leader Pierre Poilievre aligned on support for new oil and gas pipelines as a matter of national security during the French language election debate Wednesday night. Dealing with U.S. (BIV)

Tariff turmoil means Canada’s housing market is ‘treading water at best’ 

Home sales fell across Canada in March, with uncertainty around U.S. President Donald Trump’s tariffs causing prices and demand to plummet, the Canadian Real Estate Association (CREA) said Tuesday. (Global)

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