Weekly Address October 22nd Edition

addy | Average Home Price, Real Estate News

A roundup of the latest real estate, business, and political news shaping Canada’s economy—and what it means for real estate investors.

 

Hello and welcome to the weekly address. Recently, Housing Minister Gregor Robertson made headlines by asserting that while average home prices across the country need to come down to restore affordability, he was careful to say that this does not necessarily mean individual homes in all markets must decline. Meanwhile, the Bank of Canada is scheduled to announce its next policy‐rate decision on Wednesday, October 29, 2025. Together, these developments are shaping the backdrop for property values, borrowing costs, and investor strategy heading into year-end and beyond.

 

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❤️ The addy Team

Your quick dose of what’s moving markets and mortgages! Below you’ll find the latest real estate and business news shaping the landscape for Canadian investors.

 

Real Estate News

 

Garry Marr: Here’s the real reason the Canadian dream of home ownership won’t die any time soon

Home ownership persists not because it’s perfect but because it’s a model Canadians have been told works for building wealth. Read more.

financialpost.com/real-estate/canadian-dream-home-ownership-isnt-dying-heres-why

 

 

 

Aboriginal title decision ‘may compromise’ ownership status of Richmond, B.C., properties, says mayor

Aboriginal title decision ‘may compromise’ ownership status of Richmond, B.C., properties, says mayor

nationalpost.com/news/canada/aboriginal-title-decision-may-compromise-ownership-status-of-richmond-b-c-properties-says-mayor

 

 

 

Richmond opens meeting about Cowichan decision to the public

The City of Richmond argued Aboriginal title shouldn’t exist on fee simple properties.

www.biv.com/news/economy-law-politics/richmond-opens-meeting-about-cowichan-decision-to-the-public-11373671

 

 

 

Average home price must fall in Canada to restore affordability, minister says

Federal Housing Minister Gregor Robertson says the average price of housing — not necessarily individual home values — must fall to restore affordability in Canada.

www.ctvnews.ca/business/real-estate/article/average-home-price-must-fall-in-canada-to-restore-affordability-minister-says

 

 

Federal Housing Minister Gregor Robertson says the average price of housing — not necessarily individual home values — must fall to restore affordability in Canada.”

 
Federal Housing Minister Gregor Robertson per CTV News 

 

Condo sales in Toronto, Hamilton fall to 35-year low in third quarter

Experts say the market downturn is just beginning as a record number of projects are cancelled

www.theglobeandmail.com/investing/personal-finance/article-condo-sales-fall-toronto-hamilton-project-cancellations-real-estate

 

 

 

Record number of condo projects are being scrapped in brutal Toronto market

GTA real estate has been setting numerous all-time records lately, but not the type we may be used to from the years that bidding wars and soaring pr…

www.blogto.com/real-estate-toronto/2025/10/record-number-condo-projects-cancelled

 

 

 

Ground broken for three towers at north end of Victoria’s downtown

The project by Chard Developments and the province is on the former site of a White Spot restaurant and the Capital City Centre Hotel at Caledonia and Douglas streets.

www.westerninvestor.com/british-columbia/ground-broken-for-three-towers-at-north-end-of-victorias-downtown-11378830

 

 

 

Recent Pods

 

YouTube video by CBC News: The National

Condo construction stalls in Canada’s biggest cities

 

YouTube video by Daniel Foch

Did Canada’s Banking Watchdog just DESTROY Real Estate Investors? New Rules Explained

 

YouTube video by CBC British Columbia

Vancouver mayor’s bid to create corporation for rental housing fails

 

 

YouTube video by CBC News: The National

Small nuclear reactors: Why Canada is investing billions

 

 

Business News

 

TSX falls the most in six months as inflation heats up, gold slides

Canada’s main stock index posted its biggest decline since April on Tuesday as gold prices pulled back sharply and hotter-than-expected inflation data reduced bets on a Bank of Canada interest rate cut.

www.reuters.com/business/tsx-futures-dip-commodity-prices-weaken-eyes-cpi-data-2025-10-21

 

 

 

Canadian dollar gains on hotter-than-expected inflation data

The Canadian dollar strengthened against its U.S. counterpart on Tuesday as the gap between U.S. and Canadian bond yields narrowed after domestic data showed inflation climbing to a seven-month high.

www.reuters.com/business/canadian-dollar-gains-hotter-than-expected-inflation-data-2025-10-21

 

 

 

September inflation report muddies the water for the Bank of Canada

OTTAWA — Some economists say surprisingly strong September inflation figures will give the Bank of Canada pause ahead of its interest rate decision next week. Annual inflation accelerated to 2.4 per cent last month, Statistics Canada said Tuesday.

www.biv.com/news/september-inflation-report-muddies-the-water-for-the-bank-of-canada-11374521

 

 

 

Wednesday Poll

Do you agree with Federal Housing Minister Gregor Robertson that average housing prices in Canada need to fall to restore affordability?

 

Last Sunday’s Poll Results

Last Sunday’s poll was about the biggest impact on your household budget. 40.54% voted that 🛒 Groceries and food prices had the biggest impact on household finances.

Last Sunday’s Poll:
What’s having the biggest impact on your household budget right now?

 

Upcoming Dates

📅 Oct 29th – The Bank of Canada’s Interest Rate Announcement (Bank of Canada)
📅 Oct 30th – The Survey of Employment, Payrolls and Hours (SEPH) / job vacancy data are also released; for example, August SEPH and job vacancy data will be updated October 30, 2025. In the most recent data, Canada lost 66,000 jobs in August, and unemployment rose to 7.1 %.

 

How to Fund Your Card

Slight changes have been made to how your wallet and cards work. Now that we’ve introduced third-party Exempt Market Dealers on the platform, members can fund their cards directly within the investment flow in the dealer’s zone. To add funds for an investment, simply open the app, choose a third-party party exempt market dealer, choose the property you’re interested in, click Invest, and follow the steps. One of the steps will prompt you to add funds to your card—once complete, your balance will update automatically and you can finish your investment. This update streamlines the process so everything happens smoothly within the investment experience.

As always, if you have any questions about a specific investment, please reach out directly to the third-party Exempt Market Dealer to speak with a Dealing Representative.

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