Brandon Favaro Real Estate

Name: Brandon Favaro Real Estate
Address: 110-1650 West 1st Avenue, Vancouver, BC, V6J1G1, CA
Telephone: +16048398121

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Brandon Favaro Real Estate

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📍 𝘉𝘳𝘢𝘯𝘥𝘰𝘯 𝘍𝘢𝘷𝘢𝘳𝘰 𝘗𝘦𝘳𝘴𝘰𝘯𝘢𝘭 𝘙𝘦𝘢𝘭 𝘌𝘴𝘵𝘢𝘵𝘦 𝘊𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘪𝘰𝘯
🏠 proud husband + father
🔑 realtor® at .group
🏆 medallion club member + rennie leader

10/03/2026

Market Update • September 2026 🍁

Apartments lead sales downward.

“While sales were down about eight per cent overall in September, this figure hides the fact the weakness is contained to the sizeable apartment segment, which typically accounted for half of sales in any given month in recent years. By contrast, sales of attached and detached homes finished slightly up from last September, consistent with our view that end-users are primarily driving the market, as investor-driven demand awaits more favourable market conditions.

The combination of slow sales and inventory trending lower has kept home prices from declining too swiftly, with the composite price index drifting down 0.5 percent month over month. While small month-over-month changes may not appear significant individually, the cumulative effect of many small changes has become more pronounced over time, with all market segments now showing price declines of about three per cent since the start of the year.”

- Andrew Lis, GVR’s Chief Economist and Vice-President of Data Analytics

If you have any questions about your local market or would like to discuss your next steps, please don’t hesitate to reach out. I’m always happy to help! 📲

📞 (604) 839-8121 📩 [email protected]

09/21/2026

✨JUST LISTED ✨

319-4818 Eldorado Mews, Vancouver

Welcome to Eldorado! This fantastic one-bedroom plus den home offers the perfect blend of vibrant city living and a peaceful retreat. Situated in a solid 2013 concrete building, the unit is perfectly positioned on the quiet side of the complex, with bright south-facing views overlooking the rooftop garden. You’ll love the smart layout and bonus den, ideal for a home office. The open-concept kitchen features a full-size gas stove, perfect for the home chef. Enjoy access to incredible amenities, including a massive, fully equipped two-level gym and a spacious party room for entertaining. Complete with one secure underground parking stall and one storage locker. An unbeatable location close to SkyTrain, major bus routes, shops, and everyday amenities. OPEN HOUSE: September 26th from 2–4 PM.

Listed at $449,000.

Any questions? Reach out any time 📲

📞 (604) 839-8121 📩 [email protected]

09/19/2026

✨ JUST SOLD ✨

509-2770 Sophia Street, Vancouver

Congratulations to my sellers on the highly successful sale of their home at Stella! A perfectly executed plan generated multiple offers within the first few days on market, ultimately resulting in a full-price sale with the terms we were seeking — a strong result in today’s challenging market. A great example of how the right pricing, presentation, and strategy can make all the difference. Wishing my sellers all the best in their next chapter!

Listed at $675,000.

Any questions? Reach out any time 📲

📞 (604) 839-8121 📩 [email protected]

09/12/2026

Benchmark Prices • August 2026 🌻

Benchmark price infographics for detached, townhomes, and condos in the areas of the Vancouver Region covered in the monthly rennie review.

If you have any questions about your local market or would like to discuss your next steps, please don’t hesitate to reach out. I’m always happy to help! 📲

📞 (604) 839-8121 📩 [email protected]

09/09/2026

✨ JUST LISTED ✨

304-827 W 16th Street, North Vancouver

Welcome to Cedarcrest! This rarely available top-floor, south-facing 1-bed offers a functional layout and spacious balcony—perfect for soaking up the sun, entertaining, and summer barbecues. Extensively refurbished in 2006, the building was rainscreened and upgraded with new piping, windows/sliding doors, balcony membranes/guardrails, and refreshed common areas. The home features custom wood cabinetry, granite counters, in-suite laundry, and a brand-new range and microwave. This pet-friendly building includes one parking stall and one storage locker. Ideally located across from Mosquito Creek Park in a highly walkable neighbourhood close to Capilano Mall, Marine Drive shops, dining, transit, and everyday amenities. Some photos are virtually staged. OPEN HOUSE: Sat, Sept 12, 11 AM - 1 PM.

Listed at $499,900.

Any questions? Reach out any time 📲

📞 (604) 839-8121
📩 [email protected]

09/08/2026

✨JUST LISTED ✨

509-2770 Sophia Street, Vancouver

Welcome to Stella in the heart of Mount Pleasant, where one of Vancouver’s most vibrant neighbourhoods is right outside your door. This bright 1-bed + den + flex home offers a functional open layout with floor-to-ceiling windows, a gas range and a large island. The flex room is ideal for a home office or nursery, while a separate workstation nook and generous den provide even more versatility and storage. Step outside to a large south-facing balcony overlooking the quiet landscaped courtyard, with room to lounge or dine and a built-in planter that adds privacy while giving you the perfect spot to grow your own herbs and flowers. In-suite laundry adds convenience. Steps to Main Street’s cafés, restaurants, shops, parks and transit. OPEN HOUSES: Saturday/Sunday, September 12/13, 3-5 PM.

Listed at $675,000.

Any questions? Reach out any time 📲

📞 (604) 839-8121 📩 [email protected]

09/07/2026

Brandon’s Take On The Current Market 🏡

The clearest way I can describe today’s market is this: buyers haven’t disappeared—urgency has.

While there is plenty of choice and prices have adjusted, buyers are not feeling pressured to act simply because a home hits the market. They are feeling empowered to compare options, wait for the right property, and remain disciplined on price. However, they still respond to a compelling reason to act; when a home is difficult to replace, shows exceptionally well, or offers obvious value, we continue to see strong activity and, in some cases, competition. Conversely, properties positioned even slightly ahead of current market realities tend to sit.

For sellers, the biggest shift is that you can no longer rely on the market to create momentum for you; pricing, presentation, and positioning must create it. For buyers, the opportunity extends beyond softer prices to include the time to be selective and negotiate terms that were previously difficult, or impossible, to obtain. As we head into the fall, I expect the market to remain selective rather than becoming busy across the board. While pent-up demand exists, any recovery will likely be gradual and uneven, favouring homes that give buyers a clear reason to engage.

If you’re considering a move, I wouldn’t spend too much time asking whether “the market” is good or bad. The more important question is what is happening within your specific property type, neighbourhood, and price range. These micro-markets can look very different right now, and that is where the true opportunities are found.

If you’d like a candid assessment of where you fit into today’s dynamics, I’m always happy to chat. 📲

📞 (604) 839-8121 📩 [email protected]

09/06/2026

☀️

09/02/2026

The Bank of Canada held its benchmark interest rate steady at 2.25% this morning for the seventh consecutive announcement.

In its release, the Bank noted that Canadian economic activity strengthened in the second quarter, with GDP up 3.3% following very weak first-quarter growth. The Bank also pointed to some rebound in housing activity, improved labour market conditions, and ongoing uncertainty from new U.S. tariffs, Canadian counter-measures, and elevated energy prices.

CPI inflation has been hovering around 3% in recent months, mainly due to higher gasoline prices. Excluding gasoline, inflation was 2.2% in July, while measures of core inflation remained close to 2%.
Looking ahead, the Bank stated it will assess the sustainability of Canada’s economic rebound and the outlook for inflation, and is prepared to adjust monetary policy as needed.

The next scheduled date for announcing the overnight rate target is October 28, 2026.

Questions? Don’t hesitate to reach out 📲

📞 (604) 839-8121 📩 [email protected]

08/17/2026

✨ NEW PRICE ✨

304-827 W 16th Street, North Vancouver

Welcome to Cedarcrest! This rarely available top-floor, south-facing 1-bed offers a functional layout and a spacious balcony—perfect for soaking up the sun, entertaining and BBQing. Extensively refurbished in 2006, the building was rainscreened and upgraded with new piping, windows and sliding doors, balcony membranes and guardrails, and refreshed common areas. The home features custom wood cabinetry, granite counters, European-style laundry, and a brand-new range and microwave. This pet-friendly building includes one parking stall and one storage locker. Ideally located across from Mosquito Creek Park in a highly walkable neighbourhood close to Capilano Mall, Marine Drive shops, dining, transit and everyday amenities. Some photos are virtually staged. OPEN HOUSE: Saturday, August 22, 2-4 PM.

Listed at $514,900.

Any questions? Reach out any time 📲

📞 (604) 839-8121
📩 [email protected]

Address

110-1650 West 1st Avenue
Vancouver, BC
V6J1G1

Telephone

+16048398121

Website

http://www.rennie.com/brandonfavaro

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