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Brendan Connolly

Vancouver Real Estate: Westside, Eastside & Downtown

Residential Real Estate Consultant
RE/MAX Crest Realty  604-833-8793

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Competition among buyers in Metro Vancouver’s housing market heats up as summer arrives

June 2, 2023 By Brendan Connolly Leave a Comment

VANCOUVER, BC – June 2, 2023 – While the year started slower than usual, Metro Vancouver’s1 housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,4112 in May 2023, which is a 15.7 per cent increase from the 2,947 sales recorded in May 2022, and a 1.4 per cent decline from the 10-year seasonal average … [Read more...] about Competition among buyers in Metro Vancouver’s housing market heats up as summer arrives

Filed Under: Vancouver trends Tagged With: rebgv news release, rebgv stats package, sales-to-active listings ratio, vancouver, vancouver real estate, vancouver real estate market trends

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Prices continue rising across Metro Vancouver as home buyer confidence returns

May 2, 2023 By Brendan Connolly

VANCOUVER, BC – May 2, 2023 – With listing activity remaining below historical norms, home sales in Metro Vancouver1 have mounted a surprising comeback, rising near levels seen last spring, before eight consecutive interest rate hikes eroded borrowing power and brought home sales activity down along with it. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,7412 in April 2023, a 16.5 per cent decrease from the 3,281 sales recorded … [Read more...] about Prices continue rising across Metro Vancouver as home buyer confidence returns

Filed Under: Vancouver trends Tagged With: rebgv news release, rebgv stats package, sales-to-active listings ratio, vancouver, vancouver real estate, vancouver real estate market trends

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Spring brings renewed price growth across Metro Vancouver’s housing market while new listings remain dormant

April 3, 2023 By Brendan Connolly

VANCOUVER, BC – April 3, 2023 – Home prices across Metro Vancouver’s1 housing market showed modest increases in March, while new listings remained below long-term historical averages. March data also indicates home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,5352 in March 2023, a 42.5 per cent decrease from the 4,405 sales … [Read more...] about Spring brings renewed price growth across Metro Vancouver’s housing market while new listings remain dormant

Filed Under: Vancouver trends Tagged With: rebgv news release, rebgv stats package, sales-to-active listings ratio, vancouver, vancouver real estate, vancouver real estate market trends

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Below average home sales allow inventory to inch upwards

March 2, 2023 By Brendan Connolly

VANCOUVER, BC – March 2, 2023 – February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s* housing market, leading to below-average sales activity. With sales remaining well-below historical norms, the number of available homes for sale in the region have continued inching upwards. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,808 in February 2023, a 47.2 per cent decrease … [Read more...] about Below average home sales allow inventory to inch upwards

Filed Under: Vancouver trends Tagged With: rebgv news release, rebgv stats package, sales-to-active listings ratio, vancouver, vancouver real estate, vancouver real estate market trends

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Home sales decline below long-term averages and inventory remains low to start 2023

February 2, 2023 By Brendan Connolly

VANCOUVER, BC – February 2, 2023 – Inventory remains low in Metro Vancouver* while home sales dipped well below monthly historical averages in January. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,022 in January 2023, a 55.3 per cent decrease from the 2,285 sales recorded in January 2022, and a 21.1 per cent decrease from the 1,295 homes sold in December 2022. Last month’s sales were 42.9 per cent below the 10-year January … [Read more...] about Home sales decline below long-term averages and inventory remains low to start 2023

Filed Under: Vancouver trends Tagged With: rebgv news release, rebgv stats package, sales-to-active listings ratio, vancouver, vancouver real estate, vancouver real estate market trends

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Rising mortgage rates brought uncertainty and caution to Metro Vancouver’s housing market in 2022

January 4, 2023 By Brendan Connolly

VANCOUVER, BC – January 4, 2023 – After seeing record sales and prices during the pandemic, Metro Vancouver’s* housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 28,903 in 2022, a 34.3 per cent decrease from the 43,999 sales recorded in 2021, and a 6.6 per cent decrease from the 30,944 homes … [Read more...] about Rising mortgage rates brought uncertainty and caution to Metro Vancouver’s housing market in 2022

Filed Under: Vancouver trends Tagged With: rebgv news release, rebgv stats package, sales-to-active listings ratio, vancouver, vancouver real estate, vancouver real estate market trends

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Home sale and listing activity continue trending below long-term averages in November

December 2, 2022 By Brendan Connolly

VANCOUVER, BC – December 2, 2022 – While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,614 in November 2022, a 52.9 per cent decrease from the 3,428 sales recorded in November 2021, and a 15.2 per cent decrease from the 1,903 homes sold in October 2022. Last month’s sales … [Read more...] about Home sale and listing activity continue trending below long-term averages in November

Filed Under: Vancouver trends Tagged With: rebgv news release, rebgv stats package, sales-to-active listings ratio, vancouver, vancouver real estate, vancouver real estate market trends

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Inflation, rising interest rates create caution in Metro Vancouver’s housing market

November 2, 2022 By Brendan Connolly

VANCOUVER, BC – November 2, 2022 – Home sale activity across the Metro Vancouver* housing market continued to trend well below historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2022, a 45.5 per cent decrease from the 3,494 sales recorded in October 2021, and a 12.8 per cent increase from the 1,687 homes sold in September 2022. Last month’s sales were 33.3 per cent below the 10-year … [Read more...] about Inflation, rising interest rates create caution in Metro Vancouver’s housing market

Filed Under: Vancouver trends Tagged With: rebgv news release, rebgv stats package, sales-to-active listings ratio, vancouver, vancouver real estate, vancouver real estate market trends

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Metro Vancouver saw more home sellers and fewer buyers in September

October 4, 2022 By Brendan Connolly

Vancouver, B.C. – October 4, 2022 – Home sellers were more active in Metro Vancouver’s* housing market in September while home buyer demand remained below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,687 in September 2022, a 46.4 per cent decrease from the 3,149 sales recorded in September 2021, and a 9.8 per cent decrease from the 1,870 homes sold in August 2022. Last month’s sales were … [Read more...] about Metro Vancouver saw more home sellers and fewer buyers in September

Filed Under: Vancouver trends Tagged With: rebgv news release, rebgv stats package, sales-to-active listings ratio, vancouver, vancouver real estate, vancouver real estate market trends

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Excellent job!

Brendan worked on the sale of my mother’s home with great skill and conviction. When I was ready to buy my first home in Cranbrook B.C. he took the time out of his busy schedule… Read more “Excellent job!”

Wade & Shauna
Cranbrook

Recent articles

Win a $1,000 bursary!

The RE/MAX 2023 Quest for Excellence® The Quest for Excellence scholarship program is a cash scholarship that recognizes students for their ongoing … [Read More...] about Win a $1,000 bursary!

Metro Vancouver’s housing market sees fewer buyers and sellers in August

VANCOUVER, BC – September 2, 2022 – Metro Vancouver’s* housing market is experiencing a quieter summer season marked by reduced sale and listing … [Read More...] about Metro Vancouver’s housing market sees fewer buyers and sellers in August

Home buyer demand continues to ease across Metro Vancouver

VANCOUVER, BC – August 3, 2022 – Metro Vancouver’s* housing market has entered a new cycle marked by quieter home buyer demand and a gradual rise in … [Read More...] about Home buyer demand continues to ease across Metro Vancouver

Home listings up, sales down and prices starting to decrease to start the summer season

VANCOUVER, BC – July 5, 2022 – With interest rates and housing supply increasing, Metro Vancouver* home buyers are operating in a changing marketplace … [Read More...] about Home listings up, sales down and prices starting to decrease to start the summer season

Spring ushers in calmer housing market trends in Metro Vancouver

VANCOUVER, BC – June 2, 2022 – After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro … [Read More...] about Spring ushers in calmer housing market trends in Metro Vancouver

Metro Vancouver homes sales return to more traditional levels in April

VANCOUVER, BC – May 3, 2022 – Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. The Real Estate Board of … [Read More...] about Metro Vancouver homes sales return to more traditional levels in April

Contact

RE/MAX Crest Realty
1428 W 7th Avenue
Vancouver, BC, V6H 1C1, Canada
Each office independently owned and operated

604-833-8793
hello@brendan.realtor

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Today (Saturday 3rd June) I am hosting an open hou Today (Saturday 3rd June) I am hosting an open house at 1501 W 60th Ave, South Granville from 2:30pm to 4:00pm ✨

🛌 3 bedrooms 
🛁 2 bathrooms
📐 1,225 sq. ft.
💰$1,199,000

Built in 2020, this beautiful near new townhouse which radiates natural light is situated in the central location of Vancouver South. This exceptionally well-kept home features in-floor radiant heat, & air conditioning as well as a large kitchen with high quality Bosch appliances and a open concept living space with an electric fireplace. An excellent location means restaurants and stores are never too far away with UBC, DT Vancouver and Richmond being easily accessible through an easy and direct commute by car or transit with a bus loop located 2 blocks away. Fraser River park is located merely blocks away and you will find this home is in the most highly rated and desirable Elementary and High school catchments.

#newlisting #yvrre #remaxcrest #openhouse #townhouseforsale #realtorlife #ilovemyjob #vancouverrealestate
✨ OPEN HOUSE ✨ 📅 Saturday 3rd June ⏰ 2:30 ✨ OPEN HOUSE ✨
📅 Saturday 3rd June
⏰ 2:30 pm - 4:00pm
📍 1501 W 60th Ave, South Granville
🛌 3 bedroom
🛁 2 bathroom
📐 1,225 sq. ft.
💰$1,199,000

Built in 2020, this beautiful near new townhouse which radiates natural light is situated in the central location of Vancouver South. This exceptionally well-kept home features in-floor radiant heat, & air conditioning as well as a large kitchen with high quality Bosch appliances and a open concept living space with an electric fireplace. An excellent location means restaurants and stores are never too far away with UBC, DT Vancouver and Richmond being easily accessible through an easy and direct commute by car or transit with a bus loop located 2 blocks away. Fraser River park is located merely blocks away and you will find this home is in the most highly rated and desirable Elementary and High school catchments.

#newlisting #vanlife #yvrre #remaxcrest #openhouse #townhouseforsale
⭐️⭐️⭐️⭐️⭐️ REVIEW ✨~ Thanks ⭐️⭐️⭐️⭐️⭐️ REVIEW ✨~ Thanks Alisha, for this fabulous review. It was my pleasure to work with you! Wishing you much happiness in your new home 😊

#vancouverrealestate #happyclient #Ilovemyjob #remaxagent #realtorreview #clienttestimonials #firsthomebuyer 💯✊😍
Home buyer confidence has returned. Prices continu Home buyer confidence has returned. Prices continue rising 🏡📈 Here's my number. Call me, maybe 🎶
🔥New Listing! 📍 South Granville 🛌 3 bedro 🔥New Listing!
📍 South Granville
🛌 3 bedroom
🛁 2 bathroom
📐 1,225 sq. ft.
💰$1,320,000

Built in 2020, this beautiful near new townhouse which radiates natural light is situated in the central location of Vancouver South. This exceptionally well-kept home features in-floor radiant heat, & air conditioning as well as a large kitchen with high quality Bosch appliances and a open concept living space with an electric fireplace. An excellent location means restaurants and stores are never too far away with UBC, DT Vancouver and Richmond being easily accessible through an easy and direct commute by car or transit with a bus loop located 2 blocks away. Fraser River park is located merely blocks away and you will find this home is in the most highly rated and desirable Elementary and High school catchments.

#newlisting #vanlife #yvrre #remaxcrest
"Spring brings renewed price growth across Metro V "Spring brings renewed price growth across Metro Vancouver’s housing market while new listings remain dormant." REBGV March stats are out! 📈📊📉 See my website for full news release and stats package. Link in bio.

#vancouverrealestate #markettrends2023 #housingprices #salestoactivelistingsratio #vancouverhomesales
Congratulations Alisha, on the purchase of your ne Congratulations Alisha, on the purchase of your new home! Thank for for trusting me with your real estate business. 🏡🎊

#vancouversold #sellyeah #remaxagent
🌸 Vancouver 🌸 #cherryblossoms #springinvanc 🌸 Vancouver 🌸

#cherryblossoms #springinvancouver
⭐️⭐️⭐️⭐️⭐️ REVIEW ✨~ Thanks ⭐️⭐️⭐️⭐️⭐️ REVIEW ✨~ Thanks Susan, for this fabulous review. It was my pleasure to work with you!

#vancouverrealestate #happyclient #Ilovemyjob #remaxagent #realtorreview #clienttestimonials💯✊😍
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