Weekly Address November 12th Edition

addy | Learning, Wallet and News

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

 

Hey there 👋

Welcome to this week’s edition of the addy newsletter — your go-to snapshot of what’s shaping Canadian real estate, business, and policy. In this issue, we’re asking how you learn about real estate investing: do you turn to podcasts, YouTube, courses, or friends for insights? Scroll down to cast your vote in this week’s poll and catch up on the latest headlines driving Canada’s housing market, economic outlook, and political landscape.

Let’s dive in.

❤️ The addy Team

 

Your Multi-Card Wallet

The new wallet is here! Inside your wallet, you’ll see multiple cards, each connected to a specific Exempt Market Dealer (EMD). Each dealer manages their own card, meaning they manage the funds directly. Want to add funds to one of your cards? Simply select an available property from an Exempt Market Dealer, and follow the directions to fund your investment. Check it out today!

Click the button on the top right to flip between the different cards.

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

 

B.C. going door to door to hear residents’ concerns in Cowichan title area

The office of British Columbia Premier David Eby has appointed a “community contact” whose job is to work with residents of Richmond, B.C., going door to door to talk to those potentially affected by the landmark Cowichan Aboriginal title decision.

www.westerninvestor.com/british-columbia/bc-going-door-to-door-to-hear-residents-concerns-in-cowichan-title-area-11471410

 

 

 

Toronto housing market is dying and here’s how much average prices have dropped

Home sales and prices in the Greater Toronto Area (GTA) continue to plummet to historic lows. These trends continued through October 2025, casting fu…

www.blogto.com/real-estate-toronto/2025/11/toronto-home-price-sales-october-2025

 

 

 

Taller hotel and condo towers proposed for Vancouver’s False Creek Flats

The project is proposed for a site next to Emily Carr University where a previous project had started, and then stalled for years. Read on.

vancouversun.com/business/real-estate/taller-hotel-and-condo-towers-proposed-for-vancouvers-false-creek-flats

 

 

 

Fengate acquires Toronto multires highrise dev. site

Fengate Asset Management has closed on the acquisition of a landmark purpose-built rental development site in Toronto’s Etobicoke neighbourhood, 4-10 Beamish Dr. The Toronto-based firm intends to start construction of a 44-storey tower at the site in 2026.

renx.ca/fengate-acquires-toronto-multires-highrise-dev-site

 

 

 

Only 53 new condo units sold in Toronto in September: data | CBC News

Toronto’s condo sales have hit a new low for the month of September with just 53 new condo units sold in the city as the market continues to face consequences due to housing affordability.

www.cbc.ca/news/canada/toronto/toronto-condo-sales-september-data-9.6957269

 

 

 

Ontario home sellers face buyers willing to wait for a better deal

Broker says seller expectations are still too high for the price their property could fetch in the current market

www.theglobeandmail.com/real-estate/toronto/article-ontario-home-sellers-face-buyers-willing-to-wait-for-a-better-deal

 

 

 

Deecorp aims to move the needle on Vancouver’s hotel shortage

Proposal for Vancouver’s West End set to come before council next year

www.westerninvestor.com/british-columbia/deecorp-aims-to-move-the-needle-on-vancouvers-hotel-shortage-11455018

 

 

 

Courtroom drama sees Richmond’s Versante Hotel sold for $51.5M

Citation Property Holdings acquires award-winning property out of receivership

www.westerninvestor.com/british-columbia/courtroom-drama-sees-richmonds-versante-hotel-sold-for-515m-11462323

 

 

 

Recent Pods

 

YouTube video by CTV News

Pipeline possibility? An energy deal appears near

 

 

YouTube video by Angry Mortgage Podcast

Canadian’s Finances?

 

 

Business News

 

Warren Buffett’s Farewell Letter Reveals the Secret to Success and a Life Well-Lived

Forget money. In his goodbye letter, Buffett defines the true measures of success.

www.inc.com/marcel-schwantes/warren-buffett-farewell-shareholder-letter-success-berkshire-hathaway/91263761

 

 

 

Posthaste: Uh-oh, a new reason why the Bank of Canada might hesitate to cut rates

New immigration targets may give central bank further pause, says Capital Economics

ca.finance.yahoo.com/news/posthaste-uh-oh-reason-why-130909169.html

 

 

 

Wednesday Poll

This week, we’re curious about how Canadians are building their real estate investing knowledge. With so many ways to learn—whether it’s tuning into podcasts, watching YouTube creators, taking courses, or getting insights from friends and mentors—we want to know what works best for you. Take this week’s poll and tell us how you stay informed and inspired on your investing journey. Bonus points for adding your favourite source in the poll comments.

How Do You Learn About Real Estate Investing?

 

Last Sunday’s Poll Results

On Sunday we asked “How do you feel about multiplex zoning in your city?50% of you said – Love it — more homes, more opportunity.

 

Upcoming Dates

📅 Dec 10th – The Bank of Canada’s Interest Rate Announcement (Bank of Canada)

 

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