November 2024 Recap
The Detached/Single Family Home Market in Whistler is in a Buyers' Market, Condos/Apts have slipped from a Sellers' Market into a Balanced Market, and Townhomes are also in a Balanced Market. This is great news for Buyers! It is still an opportunity time for Buyers.
December 11th - the Bank of Canada’s decision to reduce the policy rate today by another .50 percentage point has inspired confidence in some buyers. Key interest rate is now 3.25%.
Politics - Pres. Trump's threats/negotiations with Canada and Mexico continue. This makes some Buyers nervous since a 25% import tariff would greatly impact our economy. I am hopeful that we will work out a deal to appease the US which includes tightening border security.
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