VANCOUVER, B.C. – November 2, 2009 – Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year. Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.8 per cent to $553,702 from $518,668 in October 2008.
While we haven't had increasing prices in Whistler our overall sales volume has been on a steady rise over the last few months with the residential market being the strongest. At this point there are a good buying opportunities but as over inventory of existing properties decreases and demand increase we will at some point start to see upward presure on price.
To view some of the best opportunites in our current market go to: Whistler Real Estate Listings
Let me know if you have any specific market questions or want additional information on the current opportunities in Whistler.
Regards,
George Klimock
604-935-8619
