Brendan Connolly

Vancouver Real Estate: Westside, Eastside & Downtown

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

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Increased demand helps housing market reach balanced territory

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VANCOUVER, BC – October 2, 2019 – Home buyer demand has returned to more historically typical levels in Metro Vancouver* over the last three months.  The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,333 in September 2019, a 46.3 per cent increase from the 1,595 sales recorded in September 2018, and a 4.6 per cent increase from the 2,231 homes sold in August 2019.  Last month’s sales were 1.7 per cent below the 10-year … [Read more...] about Increased demand helps housing market reach balanced territory

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Metro Vancouver housing market sees summer uptick in sales

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VANCOUVER, BC – September 4, 2019 – Home buyer activity increased to more typical levels in Metro Vancouver* throughout the summer months. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,231 in August 2019, a 15.7 per cent increase from the 1,929 sales recorded in August 2018, and a 12.7 per cent decrease from the 2,557 homes sold in July 2019. Last month’s sales were 9.2 per cent below the 10-year August sales … [Read more...] about Metro Vancouver housing market sees summer uptick in sales

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Home sales increase in July

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VANCOUVER, BC – August 2, 2019 – Home buyer demand picked up across Metro Vancouver* last month, making July, a traditionally quieter month in real estate, the second highest selling month so far this year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,557 in July 2019, a 23.5 per cent increase from the 2,070 sales recorded in July 2018, and a 23.1 per cent increase from the 2,077 homes sold in June 2019. Last month’s sales … [Read more...] about Home sales increase in July

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Housing supply up, home sales and prices down in June

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VANCOUVER, BC – July 3, 2019 –With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver*. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 2018 and a 21.3 per cent decrease from the 2,638 homes sold in May 2019. Last month’s sales were 34.7 per cent below the 10-year … [Read more...] about Housing supply up, home sales and prices down in June

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May sees modest increase in home sales while housing supply reaches five-year high

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VANCOUVER, BC – June 4, 2019 – Monthly *Metro Vancouver(1) home sales eclipsed 2,000 for the first time this year in May, although home buyer demand remains below historical averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,638 in May 2019, a 6.9 per cent decrease from the 2,833 sales recorded in May 2018, and a 44.2 per cent increase from the 1,829 homes sold in April 2019. Last month’s sales were 22.9 per … [Read more...] about May sees modest increase in home sales while housing supply reaches five-year high

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Prospective homebuyers remain on the sidelines in March

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VANCOUVER, BC – April 2, 2019 – Metro Vancouver* home sales dipped to the lowest levels seen in March in more than three decades. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,727 in March 2019, a 31.4 per cent decrease from the 2,517 sales recorded in March 2018, and a 16.4 per cent increase from the 1,484 homes sold in February 2019. Last month’s sales were 46.3 per cent below the 10-year March sales average and was … [Read more...] about Prospective homebuyers remain on the sidelines in March

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Metro Vancouver homes sales down across all property types

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VANCOUVER, BC – December 04, 2018 – Home buyer demand remains below long-term historical averages in the Metro Vancouver housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales totalled 1,608 in the region in November 2018, a 42.5 percent decrease from the 2,795 sales recorded in November 2017, and an 18.2 percent decrease compared to October 2018 when 1,966 homes sold. Last month’s sales were 34.7 percent below the 10-year November sales … [Read more...] about Metro Vancouver homes sales down across all property types

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Home listings at four-year October high as sales remain below typical levels

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VANCOUVER, BC – November 02, 2018 – Home sale activity across Metro Vancouver* remained below long-term historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,966 in October 2018, a 34.9 percent decrease from the 3,022 sales recorded in October 2017, and a 23.3 percent increase compared to September 2018 when 1,595 homes sold. Last month’s sales were 26.8 percent below the 10-year October sales … [Read more...] about Home listings at four-year October high as sales remain below typical levels

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More supply and less demand seen across Metro Vancouver housing market

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VANCOUVER, BC – October 01, 2018 - The supply of homes for sale continued to increase across the Metro Vancouver* housing market in September while home buyer demand remained below typical levels for this time of year. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 1,595 in September 2018, a 43.5 percent decrease from the 2,821 sales recorded in September 2017, and a 17.3 percent decrease compared to August 2018 when 1,929 … [Read more...] about More supply and less demand seen across Metro Vancouver housing market