Brendan Connolly

Vancouver Real Estate: Westside, Eastside & Downtown

Residential Real Estate Consultant
RE/MAX Select Properties  604-833-8793

Brendan Connolly's posts

Westside, Downtown & East Vancouver real estate updates and tips for buyers, sellers & owners of residential property.

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New taxes unlikely to stabilize housing market

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Victoria, BC – February 20, 2018. The British Columbia Real Estate Association calls on government to introduce transitional rules for all transactions impacted by the new tax measures introduced in Budget 2018. The new tax measures come into effect on February 21, 2018. The Property Transfer Tax (PTT) increase to 5% for properties over $3 million, as well as the increase to 20% and expansion of the Foreign Buyer’s Tax to other parts of the province will have an immediate impact on transactions … [Read more...] about New taxes unlikely to stabilize housing market

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Home buyer demand depends on property type

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VANCOUVER, BC – February 2, 2018 – Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 percent increase from the 1,523 sales recorded in January 2017, and a 9.8 percent decrease compared to December 2017 when 2,016 homes sold. Last month’s sales were 7.1 percent above the … [Read more...] about Home buyer demand depends on property type

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Steady sales and diminished listings characterize 2017 for the Metro Vancouver housing market

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VANCOUVER, BC – January 3, 2018 - After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 35,993 on the Multiple Listing Service® (MLS®) in 2017, a 9.9 percent decrease from the 39,943 sales recorded in 2016, and … [Read more...] about Steady sales and diminished listings characterize 2017 for the Metro Vancouver housing market

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Above-average demand and below-average supply

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VANCOUVER, BC – December 4, 2017 - Metro Vancouver* saw modest home listing changes and steady demand in November. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,795 in November 2017, a 26.2 percent increase from the 2,214 sales recorded in November 2016, and a 7.5 percent decrease compared to October 2017 when 3,022 homes sold. Last month’s sales were 17 percent above the 10-year November sales … [Read more...] about Above-average demand and below-average supply

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REALTORS Care® Blanket Drive

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Cleaning out your closet for the winter? Each year volunteers from Lower Mainland real estate boards collect donations of blankets and warm clothing for those in need throughout the area. Since the program began 23 years ago, more than 300,000 disadvantaged people have been helped by the REALTORS Care® Blanket Drive. How you can help: Please donate the following items for all ages: gently used or new blankets or sleeping bags warm clothing, coats hats, gloves, scarves new … [Read more...] about REALTORS Care® Blanket Drive

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October sales exceed historical average

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VANCOUVER, BC – November 2, 2017 – Metro Vancouver home sales exceeded typical historical levels in October with the majority concentrated in the townhouse and apartment markets. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,022 in October 2017, a 35.3 percent increase from the 2,233 sales recorded in October 2016, and an increase of 7.1 percent compared to September 2017 when 2,821 homes sold. Last month’s sales were 15 … [Read more...] about October sales exceed historical average

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Home buyer demand continues to differ based on housing type

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VANCOUVER, BC – October 3, 2017 – Apartment and townhome activity is outpacing the detached home market across Metro Vancouver. This activity helped push total residential sales above the historical average in September. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,821 in September 2017, a 25.2 percent increase from the 2,253 sales recorded in September 2016, and a 7.3 percent decrease compared to August 2017 when 3,043 … [Read more...] about Home buyer demand continues to differ based on housing type

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Fall home maintenance checklist

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Vancouver's rainy season is almost upon us. The days are getting noticeably shorter, and the leaves are beginning to turn. Use this handy list to prepare your home for autumn weather and help prevent damage and losses. Do you need help finishing any lingering yard work or home repairs? Give me a call! I can recommend professionals in almost any home related field – like contractors, designers, landscape companies, junk removal services, handy people, and more. Out … [Read more...] about Fall home maintenance checklist

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Condominium sales drive August activity

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VANCOUVER, BC – September 5, 2017 – Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels in August. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,043 in August 2017, a 22.3 per cent increase from the 2,489 sales recorded in August 2016, and a 2.8 per cent increase compared to July 2017 when 2,960 homes sold. Last month’s sales were 19.6 per cent above the 10-year August sales … [Read more...] about Condominium sales drive August activity