Ashley Smith, President of the Vancouver Real Estate Board, reports “Home buyer confidence was a factor throughout the year. In the first quarter, many prospective buyers were in a holding pattern, waiting to see how prices would react to the mortgage stress test, new taxes, and other policy changes,” Smith said. “Confidence started to return in the summer, and we saw above average sales in the final quarter of 2019.”
While the Vancouver and Whistler markets are very different, the vast majority of Buyers come from the Vancouver area, so an increase in confidence there generally translates to an increase in market activity in Whistler. So, we shall see how this new decade unfolds