Brendan Connolly

Vancouver Real Estate: Westside, Eastside & Downtown

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

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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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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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Metro Vancouver sees fewer home sales and more listings in July

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VANCOUVER, BC - August 2, 2017 - Home buyer activity returned to more typical summer levels in Metro Vancouver last month. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,960 in July 2017, an 8.2 per cent decrease from the 3,226 sales recorded in July 2016, and a decrease of 24 per cent compared to June 2017 when 3,893 homes sold. Last month’s sales were 0.7 per cent above the 10-year July sales … [Read more...] about Metro Vancouver sees fewer home sales and more listings in July

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Condominiums and townhomes in high demand across Metro Vancouver

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VANCOUVER, BC – May 2, 2017 – Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing market. Residential property sales in the region totalled 3,553 in April 2017, a 25.7 per cent decline compared to April 2016 when 4,781 homes sold and a 0.7 per cent decrease from the 3,579 sales recorded in March 2017. April sales were 4.8 per cent above the 10-year average for the month. For the first four months of the year, condominium and townhome sales have … [Read more...] about Condominiums and townhomes in high demand across Metro Vancouver