Weekly Address April 23rd Edition

The Canada election is heating up with record-breaking advance voter turnout—is change in the air? Meanwhile, there are five active investment opportunities on the platform, some with projected monthly cash flow. In today’s update, we’re also sharing the latest in real estate news, plus a double dividend drop: both The Harrison and Heartland are issuing distributions today. These properties pay monthly and are projecting to continue doing so. Lot’s to catch up on. 

Let’s go! 💪

🗞️ Real Estate News

Canadian home sales post weakest March since 2009 on tariff uncertainty

Canadian home sales and house prices declined in March, while the outlook for the full year turned less rosy, as U.S.-led global trade tensions threatened to upend the domestic economy, data from the Canadian Real Estate Association (CREA) showed. (Reuters)

Downtown office market notches slight improvement despite tariff threats

A new report shows Canada’s downtown office vacancy rate marked its first, if slight, improvement since the start of the pandemic. The CBRE Group Inc. report shows the national downtown office vacancy rate dipped to 19.9 per cent in the first quarter after hitting a record high of 20 per cent in the previous quarter. (BNNBloomberg)

Why Housing Remains One Of Canada’s Biggest Election Issues

Housing has arguably become the issue in Canada in the lead-up to the federal election on April 28. The topic has dominated both political discourse and headlines – from talks of immigration and interest rates, to urban sprawl and affordability. (Storeys)

Many Canadian ‘snowbirds’ in US looking to pack up and fly north – for good

The number of Canadian “snowbirds” planning to sell their second homes in sunny Florida and Arizona has surged this spring, many of them put off by the sudden chill that has blanketed relations between their homeland and the U.S. (Reuters)

Ledingham McAllister Advances Four-Tower Phase Two Of Waterscapes In Kelowna

After nearly two years, Vancouver-based real estate developer Ledingham McAllister, commonly referred to as LedMac, appears to be ready to proceed with the second phase of their sprawling Waterscapes master-planned community in Kelowna, according to a development permit application submitted to the City last week. (Storeys)

FROM OUR FRIENDS AT COAST CAPITAL

Get $25* when you join Coast Capital, plus up to an additional $500** stacked bonus.

addy and Coast Capital Savings have teamed up to bring this offer exclusively to addy members. Coast Capital is one of Canada’s largest credit unions and addy is excited about the perks this offer provides to our community. You can access this promotion through your addy account. (Log in)

What did you think of today’s newsletter? 🤔

This newsletter was thoughtfully crafted by AI 🤖 and reviewed by Stephen—tell us what you think! ✨

Great 😊 | Solid 🙂 | Meh 🫤

Was this email forwarded to you? If you would like to receive this content in our twice-weekly newsletter, on Sundays and Wednesdays, please feel free to subscribe for yourself. 🙏

✅ Work with us

Interested in partnering with addy?

There are several ways to collaborate with us! Use the addy Business platform to raise capital from your investors and the addy community, promote your product or service to our engaged audience, or explore borrowing opportunities. Let’s connect!

• • Raise Capital – Schedule a call to learn more
  • Advertise – Showcase your product or service
  • addy Intelligence – Tell me more!