Warm wishes for a prosperous and joyful 2025!
Thanks to some good November and December snowfalls, the mountains are in great shape this year! Getting those ski legs back in shape has been a breeze with a few runs from the peak to the valley and the great grooming. Psst – my favorite run right now is Lower Franz’s run… good coverage and fun terrain! And for those that like to go beyond the boundary lines, the touring has been quite rewarding as well.
As for the Whistler real estate market, from our own experiences and discussions with colleagues, many buyers have sensed the bottom of the market and properties that have been listed for a while, many of which saw price corrections to reflect the market conditions, are getting picked up now by savvy buyers who have been watching and waiting.
Sellers on the other hand have also been watching and waiting for more evidence of an upturn in the market before listing their properties.
Other market considerations:
- The Bank of Canada rate cuts in 2024 have certainly improved buyer confidence, but recent news of strong job growth has raised doubts of further cuts in January.
- Trudeau stepping down, right as a change in power is happening in the US creates uncertainties of how new leadership will affect our markets.
- With the strength of the US dollar these days, our southern neighbors may want to take advantage of investment opportunities.
New Listings this week:
- Residential properties – Chalets, Townhomes
- TA Rental properties – Townhomes, Condos, Phase 2 (Hotel/condo)
- Shared Ownership (currently available), Timeshares
- Vacant Land (currently available in Whistler)
For any other info, locations or insights, please contact us to discuss, or to go for a ski!
BOYD TEAM - ENGEL&VÖLKERS WHISTLER
Rob 604-935-9172 | Sherry 604-902-7220 | boydteam@evrealestate.com
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