Brendan Connolly's posts

VANCOUVER, BC – May 4, 2026 – Home sales registered on the MLS® in Metro Vancouver* remain relatively flat compared to April last year, but a divergence is emerging between market segments. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,110 in April 2026, a 2.5 per cent decrease from the 2,163 sales recorded in April 2025. This was 22.9 per cent below the 10-year seasonal average (2,735). “Last month we noted that a divergence was emerging … [Read more...] about Diverging trends widen as detached housing gains steam

VANCOUVER, BC – February 3, 2026 – Last year’s market trends continued in January as home sales registered on the MLS® in Metro Vancouver* were 28.5 per cent lower than last year, setting the year off to a quieter start. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,107 in January 2026, a 28.7 per cent decrease from the 1,552 sales recorded in January 2025. This was 30.9 per cent below the 10-year seasonal average (1,602). “On their own, the … [Read more...] about New year, same housing market in Metro Vancouver

VANCOUVER, B.C. – January 5, 2026 – Home sales registered in the Multiple Listing Service® (MLS®) in Metro Vancouver* finished the year down 10 per cent, marking the lowest annual sales total in over twenty years. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 23,800 in 2025, a 10.4 per cent decrease from the 26,561 sales recorded in 2024, and a 9.3 per cent decrease from the 26,249 sales in 2023. Last year’s sales total was 24.7 per cent below the … [Read more...] about 2025 saw lowest annual sales total in over two decades

VANCOUVER, B.C.– October 2, 2025 – Another Bank of Canada rate cut and easing prices helped home sales registered on the MLS® in Metro Vancouver* edge higher relative to September last year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled1,875 in September 2025, a 1.2 per cent increase from the 1,852 sales recorded in September 2024. This was 20.1 per cent below the 10-year seasonal average (2,348). “With another cut to Bank of Canada’s policy … [Read more...] about Fall market favours buyers

VANCOUVER, B.C. – September 3, 2025 – Easing prices brought more Metro Vancouver* homebuyers off the sidelines in August, with home sales on the MLS® up nearly three per cent from August last year. The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 1,959 in August 2025, a 2.9 per cent increase from the 1,904 sales recorded in August 2024. This was 19.2 per cent below the 10-year seasonal average (2,424). “The August sales figures add further … [Read more...] about Easing home prices help lift sales in August