Real Estate Market Surges in Whistler and Pemberton
The Whistler Real Estate Co.Ltd.

Strong interest in real estate in both Whistler and Pemberton propelled sales activity to its highest level in over two years during the most recent quarter.

In Whistler, over 200 individual transactions worth in excess of 160 million dollars were recorded by the real estate companies working in the community. The overall market activity increased by 60% in dollar value, and by 75% in total number of sales over the same period a year ago. Particularly strong, and building on the trend which started in the second half of 2006, was the single family and town house market. Although average and median values have not changed dramatically (median value of a home was$1,250,000.00 at the end of March) over the last year, activity levels have increased noticeably.

People are increasingly finding good value at Whistler as compared to other opportunities" says Pat Kelly, president of Whistler Real Estate Company. "The quality and quantity of the mountain lifestyle that Whistler offers is second to none. With the highway improvements, the Olympics and the continued growth in the quality of the community, people from all over the world see Whistler as a great place to be in Canada"

The shared ownership market also showed strong performance with the sale of over 40 titles at the new Intrawest project, Evolution at Creekside.