Foreclosures List in BC, Lower Mainland House Price Averages, Things to Do in Vancouver in June, and More!

Micky Kandola - The Realtor With Soul

Team 3000 Realty

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Foreclosures List in BC

 

Abbotsford Condos and Townhouses
Abbotsford Houses
BC Northern Condos and Townhouses
BC Northern Houses with Acreage
BC Northern Houses Single Family
Burnaby Condos and Townhouses
Burnaby Houses
Chilliwack Condos and Townhouses
Chilliwack Houses
Cloverdale Condos and Townhouses
Cloverdale Houses
Coquitlam Condos and Townhouses
Coquitlam Houses
Ladner Houses
Langley Condos and Townhouses
Langley Houses
Maple Ridge Condos and Townhouses
Maple Ridge Houses
Mission Condos and Townhouses
Mission Houses
New Westminster Condos and Townhouses
North Delta Houses
North Surrey Condos and Townhouses
North Surrey Houses
North Vancouver Houses
Port Coquitlam Condos and Townhouses
Port Moody Houses
Richmond Condos and Townhouses
Richmond Houses
South Surrey White Rock Condos and Townhouses
South Surrey White Rock Houses
Squamish Houses
Sunshine Coast Condos and Townhouses
Sunshine Coast Houses
Surrey Condos and Townhouses
Surrey Houses
Tsawwassen Houses
Vancouver East Condos and Townhouses
Vancouver East Houses
Vancouver West Condos and Townhouses
Vancouver West Houses
West Vancouver Condos and Townhouses
West Vancouver Houses
Whistler Houses

Here is a list of the latest foreclosures in BC. 

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If you have any questions, please call/text 604-780-2770.



Happy Father's Day

 

Happy Father's Day to all of the amazing dads and dad figures out there! Wishing you a day filled with joy and appreciation.



Mortgage payments in retirement? Why more retirees are still paying off their home as they exit the workforce

 

Retirement marks an exciting new chapter for many Canadians, one filled with more personal time, the freedom to explore new interests, and possibly travel. For homeowners, it has traditionally also meant making the final payment on the family property and entering retirement mortgage-free. However, for a growing number of Canadians, that milestone is no longer a given.

A recent Royal LePage survey, conducted by Leger,1 suggests a new housing reality for older Canadians is taking shape. According to the survey, nearly three in ten Canadians (29%) who are planning to retire in 2025 or 2026 say they will continue to make mortgage payments on their primary residence into retirement. The trend seems to be accelerating, as affordability continues to challenge Canadians of all ages: only half as many senior households had mortgage debt approximately ten years ago. According to Statistics Canada, 14% of households with income earners aged 65 and over had a mortgage in 2016, up significantly from eight per cent in 1999.2

“The benefits of entering retirement as a homeowner with a paid-off mortgage are clear: more disposable income, insulation from interest rate changes, and even the emotional security that comes from knowing you’ll always have a place to live. In the era of rotary phones and station wagons, burning your mortgage was the economic finish line. Today’s retiree reality is much more nuanced,” said Phil Soper, president and CEO, Royal LePage. 

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Lower Mainland Home Price Averages

 

Abbotsford Houses

Burnaby Houses

Coquitlam Houses

Langley Houses

Maple Ridge Houses

Mission Houses

Richmond Houses

Surrey Houses

Vancouver Houses

Click the links above to view graphs showing the average detached home prices for some Lower Mainland cities.

If you found this article of value, please feel free to share it on your social media.

If you have any questions, please call/text 604-780-2770.



Bank of Canada holds key lending rate at 2.75% as “Uncertainty remains high”

 

Today, the Bank of Canada announced that it would hold the target for the overnight lending rate at its current level of 2.75%. This is the second consecutive month that the Bank has chosen not to change interest rates. 

Though inflation levels have gradually eased and the country recorded stronger-than-expected GDP growth in the first quarter of 2025, trade disruptions with the United States continue to cast doubt over Canada’s future economic performance. The labour market has softened, especially in trade-sensitive sectors, pushing unemployment up to 6.9%. Economic conditions are expected to deteriorate further by the end of the second quarter, said the Bank in its announcement.

“Uncertainty remains high. The Canadian economy is softer but not sharply weaker. And we’ve seen some firmness in recent inflation data. Against this backdrop, we decided to hold the policy rate unchanged as we continue to gain more information on US trade policy and its impacts,” said Tiff Macklem, Governor of the Bank of Canada, in a press conference with reporters following the announcement. “The trade conflict initiated by the United States remains the biggest headwind facing the Canadian economy.”

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Vancouver in June: Top Things to Do

 

The best things to do in Vancouver in June include enjoying the stunning natural scenery, world-class attractions, and a suddenly sunny outdoor cultural scene.

Whether you’re looking for outdoor activities, festivals, or simply a chance to relax and unwind, there’s something to do for everyone.

Let’s jump right into the list of Vancouver June activities.

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