Here are the stats for the third quarter Whistler real estate market. Although sales have slowed down and listing inventory has increased, the inventory is still well below normal levels. It will be interesting to see what happens over the next 6 months when we are back into a normal ski season. The USD is strong and most of the market activity has been driven by the Canadian buyers the last 2 years. With international tourism expected to return in full swing, we will also likely expect more international buyers to return. Whistler is expected to be exempt from the Foreign Buyer Ban legislation which will be in place in most urban areas in Canada starting in January 2023 for the next 2 years. I think Whistler will be a stable and safe place for investment.
If you would like to discuss buying or selling in today’s market, please feel free to give me a call.
