April Foreclosure List
  
Port Coquitlam, Coquitlam, Port Moody Attached
Maple Ridge, Pitt Meadows Attached
Maple Ridge, Pitt Meadows Detached
Mission Attached
Mission Detached
New Westminster Attached
North Vancouver West Vancouver Attached
North Vancouver West Vancouver Detached
Port Coquitlam, Coquitlam, Port Moody Detached
Richmond Attached
Richmond Detached
Surrey Delta Cloverdale Detached
Tsawwassen, Ladner Attached
Tsawwassen, Ladner Detached
Vancouver East Attached
Vancouver East Detached
Vancouver West Attached
Vancouver West Detached
Our April list of Vancouver Lower Mainland properties listed for sale through the foreclosure process has once again been provided by P.A. "Doc" Livingston, PREC.
Feel free to reach out to "Doc" if you would like more information about these properties and contact me if you would like to know how arranging financing for a foreclosure purchase is different than a traditional real estate purchase.
Most Popular Vehicles Stolen In Canada
A 2024 Auto Theft Trend report has been released, and the numbers may shock you. In 2024 there was an 18.6% drop in stolen cars across Canada, bringing the total down to just over 57,000 vehicles. Surprisingly, this is a significant decrease from previous years - 2023 saw over 70,400 stolen cars.
Many provinces saw impressive YoY improvements in auto theft:
✅ Ontario: 17.4% decrease ✅ Quebec: 32.4% decrease ✅ Western Canada: 12.7% decrease ✅ Atlantic Canada: 0% change
Despite the improvements, the recovery rate for stolen vehicles in Canada is 59.3%, meaning 40% of stolen cars are unrecovered. Even with potential new safety measures expected from Transport Canada in 2025, the reality is that the risk of theft continues to affect insurance premiums.
Here is the list of the top 10 most stolen vehicles: 1) 2021 Toyotta Highlander, 2) 2022 Dodge Ram 1500, 3) 2022 Lexus RX Series, 4) 2021 Honda CRV, 5) 2021 Toyotta RAV4, 6) 2019 Honda Civic, 7) 2021 Jeep Wrangler, 8) 2021 Land Rover Range Rover Series, 9) 2023 Chevrolet/GMC Suburban/Yukon/Tahoe Series, 10) 2006 Chevrolet/GMC Silverado/Sierra 1500 Series
How to lower your risk of car theft
If you are in the market for one of the more commonly stolen vehicles, it’s also advisable to take additional anti-theft security steps to deter thieves. There are a number of proactive measures you can take to help mitigate your vehicles exposure to theft.
Consider the following anti-theft measures:
Parking in a private garage versus a driveway. Adding a steering vehicle lock can deter thieves. Installing anti-theft devices (e.g. car alarm) and vehicle tracking systems (e.g. TAG) Building security bollards into your driveway (i.e. retractible or removable barricades). My personal favourite is an imobilizer that prevents the vehicle from being started, by either shutting off the gas, or disabling electronic systems.
Remember, every action you take to protect your vehicle reflects favourably on your insurance application as well.
Bank of Canada Reduced Policy Rate by 25 basis points bringing it down to 2.75%
The Bank of Canada has announced a 25 basis point cut to its overnight lending rate, bringing it to 2.75 percent. This decision, made on March 12, 2025, and comes as the ongoing trade war with the U.S. begins to place increasing pressure on the Canadian economy. Bank of Canada governor Tiff Macklem explained that the economy had started the year strong, with solid GDP growth and inflation remaining within the central bank's target of two percent.
However, Macklem pointed out that the uncertainty surrounding tariffs, due to the fluctuating trade relationship between Canada and the U.S., has negatively impacted business spending, hiring, and consumer confidence. In response to this economic backdrop, the central bank opted for the rate cut. While it is still early to see the full impact of new tariffs, surveys suggest that the threat of additional tariffs and the ongoing uncertainty about the trade relationship are already significantly affecting both business and consumer intentions.
If you have a variable rate mortgage, this is the good news you have been waiting for. It is now possible to get a five year fixed rate near or below 4.0%. it might be worth looking at locking in now. We don't know what effect the trade war is going to have, and we may well see rates start to go up again. If the Bank of Canada turns direction and they increase the rate, it will have been too late to get that lower rate as fixed rate mortgages generally move in anticipation of the Bank of Canada decisions.
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