By the time of this May 2020 Whistler Market Update post, Whistler Real Estate started to see an upswing in the number of new listings posted. The best place to view these statistics is on the Market Update page on this site. In the meantime, have a look at this month’s video on the state of Whistler real estate, and the effect of the pandemic.
May 2020 The Best Time to Buy investment Real Estate in Whistler
The rental property market in Whistler is an unknown for the remainder of 2020. With a second wave of the pandemic predicted, who knows when the international tourists will start coming back to Whistler. Tourism Whistler, the marketing body, regularly publishes updates on where they are focusing their marketing dollars. From what I have read, the focus will be on provincial visitors. This might be fine for summer, but it certainly will not sustain the 2020-2021 winter season rental rates. Some owners of rental property could be in troubling times and this may mean opportunity for a buyer who is not immediately reliant on rental income.
Remember to check out the Market Update Page on this site. In addition, if you are not working with a realtor, and you are considering Whistler real estate, please contact me. I am here to help you.
It’s a Good Life in Whistler!
Marion Anderson PREC*
*Personal Real Estate Corporation
Sutton Group – West Coast Realty
203-1080 Millar Creek Road, Whistler, BC, V8E 0S7 CANADA