Julian Thompson Personal Real Estate Corporation

06/16/2026

📊 Canadian Reverse Mortgage Debt Has Grown 70% in Just 3 Years

Total outstanding reverse mortgage debt in Canada has jumped from $5.4 billion in early 2023 to $9.2 billion by mid-2026 — a $3.8 billion increase driven by rising costs and high interest rates pushing more seniors to tap into their home equity.

To put that in perspective: CMHC data confirms Canada's total residential mortgage debt hit $2.4 trillion in December 2025 — meaning reverse mortgages still represent less than 0.5% of the overall Canadian mortgage market, but the segment is growing fast.

06/09/2026

📍 New Listing 📍 Take a look at this fantastic new property that just hit the market located at 106 15265 17a Avenue in Surrey. Reach out here or at (604) 788-1545 for more information

Welcome to this beautifully maintained ground-floor corner suite at Brandy Terrace. This bright and quiet 2-bedroom, 2-bathroom home features a large private fenced patio surrounded by gardens, soaring 9' ceilings, new carpets and paint, maple cabinetry, and stainless steel appliances - truly mov...

05/28/2026

Canada's Supreme Court recently declined to hear a First Nation's appeal out of New Brunswick, backing the position that Aboriginal title can't be declared over privately owned land.

Closer to home, the Cowichan Tribes case here in BC is touching on the same territory — and the feds have said this decision could directly impact how it unfolds.

It's wild that this is even a discussion.

05/28/2026

The Supreme Court of Canada has upheld a ruling that Aboriginal title cannot be declared over private land, in a decision the federal government says will affect the Cowichan Tribes case in BC.

The Supreme Court of Canada has upheld a ruling that Aboriginal title cannot be declared over private land, in a decision the federal government says will have an impact on the Cowichan Tribes case in British Columbia.

04/14/2026

🇨🇦 The federal government will temporarily suspend the federal fuel excise tax on gas and diesel starting April 20 until September 7.

This is expected to reduce the price of regular gas by 10 cents per litre and diesel by 4 cents per litre.

04/09/2026

🇨🇦Average asking rent for residential properties in Canada declined 5.3% year-over-year in March, reaching $2,008.

This marks the 18th consecutive month of annual rent decreases. Rents have now fallen to their lowest level in 35 months and are down 7.9% compared to two years ago, while remaining relatively flat compared to three years ago.

03/30/2026

📍 Reduced Price 📍 This recently reduced home at 15255 18 Avenue #212 in Surrey won't last long, so, don't wait to set up a showing! Reach out here or at (604) 788-1545 for more information!

03/24/2026

⏳ Speculation & Vacancy Tax deadline is coming up!

Just a heads-up—the deadline to submit your declaration is March 31.

Even if you live in your home and are exempt, you must still file to avoid a surprise tax bill at the maximum rate. It only takes about 5 minutes online!

💻 File here: gov.bc.ca/spectax

📍 You’ll need: The Letter ID and declaration code from the mailer you received earlier this year.

Tag someone who might have buried their letter under a pile of mail! ✉️👇

03/24/2026

“The market is ignoring Macklem’s more patient and measured messaging,” said Benjamin Reitzes, rates and macro strategist at Bank of Montreal. “Focus is on the hawkishness of other central banks and fears of further escalation of the conflict in Iran.”

Article content:
Market bets on rate hikes are pushing up government bond yields, which in turn influence mortgage rates. This could cause five-year fixed rates to rise from an average of 3.8 per cent recently toward 4 per cent, said Brown.

Surging oil prices threaten to boost mortgage rates, another blow for Canada's housing market. Read more

02/03/2026

📍 Reduced Price 📍 This recently reduced home at 15255 18 Avenue #212 in Surrey won't last long, so, don't wait to set up a showing! Reach out here or at (604) 788-1545 for more information!

Welcome to The Courtyard! Large, 2-bed, 2-bath condo with secure basement parking and elevator access. Large master bedroom features an ensuite bath and double closets. Private balcony off the living room. The front door opens to an open-air courtyard with a fountain. In-suite laundry. Well-maint...