Over the quarter, inventory levels continued to rise in both Whistler and Pemberton, which came as a function of both typical spring market activity and the capital gains changes that went into effect towards the end of the quarter. April was a busy month for sales in both the Whistler and Pemberton markets, which was followed by a slower May …
Market Report: First Quarter 2024
Over the first quarter of 2024, inventory levels ticked up, as did consumer confidence as a result of the Bank of Canada holding interest rates steady and suggesting that the first interest rate decrease will take place later this year. This has set the table for what we anticipate to be an active spring market. Whistler In Whistler, there were …
Market Report: Year-End 2023
Overall, 2023 was a slower year in the Whistler and Pemberton real estate markets, allowing inventory to tick up while prices held. The main drivers of the lower sales volume were the impacts of inflation on households and the overall borrowing power of buyers as a result of the sustained high-interest rates throughout the year. WHISTLER In Whistler, there were …
Whistler Market Report: Second Quarter 2023
Building on the market momentum at the end of Quarter 1, April remained a busy month in terms of sales, which got even busier in May before slowing down in June. The June slowdown likely came as a function of the interest rate increase announcement at the beginning of the month, coupled with an expectation that the government is not …
Whistler Market Report: First Quarter 2023
January 2023 was a very slow month in terms of sales, but the markets rebounded in February and March. This came as a function of increased economic certainty, as the Bank of Canada has signalled that interest rate increases have likely come to an end. The return of some certainty in terms of rates has led to an increase in …
2022 Whistler Real Estate Market Recap
The Whistler real estate market was a bit of a roller coaster in 2022. The first two months of the year resembled the fast pace of 2021, but sales slowed significantly throughout the remainder of the year. This came as a function of economic uncertainty, with a poor-performing stock market and rapid interest rate increases, and an overall misalignment of …
Whistler Market Report: Third Quarter 2022
In terms of sales volume, the Whistler market slowed down in Q3, with both July and September ranking in the top 10 lowest monthly sales volumes in the last 10 years. Inventory continued to rebound throughout the quarter, rising about 29% from Q2 2022, but we are currently sitting 37% below the 10-year inventory average. Even as sales have slowed …
2022 Monthly Real Estate Stats
Whistler & Pemberton Real Estate Stats Here is a breakdown of the real estate market performance for last month: Previous Months: Whistler Previous Months: Pemberton The information provided is based on data collected from The Whistler Listing System. This information is general in nature and is provided for information purposes only.
Whistler Real Estate Market Report: Second Quarter 2022
In terms of sales volume, the Whistler real estate market remains “normal”. Sales slowed slightly throughout the quarter, but the number of sales year-to-date remains in line with the 10-year average for Whistler. Inventory continued to rebound throughout the quarter, rising about 40% from Q1 2022, but still 10% shy of where we were sitting a year ago. Even as …
Whistler Market Report: First Quarter 2022
The real estate market in Whistler continues to be a strong seller’s market with low inventory, high demand, and increasing average sales values.