The Weekend Edition April 20

This week was a big one: we kicked off the first addy Intelligence event in downtown Vancouver! Couldn’t make it? No problem—more events are on the way. Join the waitlist to hear about upcoming dates in Calgary, Kelowna, Toronto, and another Vancouver session. Plus, catch up on the latest real estate news and updates inside.

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🗞️ Real Estate News

How Much The Liberal, Conservative, And NDP Housing Platforms Cost

Following the leaders’ debates and advance voting beginning, the parties are now starting to publish their full costed platforms. (Storeys)

Related: New record set as two million vote on first day of advance polls: Elections Canada

Dayhu Planning 25-Storey Rental Tower On West Broadway In Kitsilano

The proposal for 2245-2283 W Broadway in Vancouver is being led by Frame Properties and owned by Dayhu Group. (Storeys)

• Who is Dayhu?

‘My home is worth millions – but young people are priced out of this city’

In the city on Canada’s west coast, Ms Yamauchi’s story is as common as the rainy weather. The average price of a detached home in Vancouver in 2000 was around C$350,000. Now, it is more than C$2m. (BBC)

Rate hold means status quo for Canada’s struggling housing market: experts

Real estate watchers say the Bank of Canada’s decision to hold its key policy rate steady at 2.75 per cent will likely keep a sluggish housing market at the status quo. Wednesday’s announcement marked the first time the central bank has left the benchmark rate unchanged following seven consecutive cuts since June. (BNN Bloomberg)

Underused downtown office building being converted to U of C classrooms

The University of Calgary’s campus is expanding into 801 Seventh Avenue S.W., formerly known as the Nexen Building, in Calgary’s downtown — after the office tower has sat virtually empty for about six years. (Yahoo News)

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