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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 3 sources · 10 days · First seen · Last updated
British Columbia mountain real estate market trends
Overview
Real estate markets in the mountain regions of British Columbia are experiencing divergent trends. While province-wide home sales fell 6.7% year over year in July and average residential prices declined 1.3%, specific mountain areas show varying activity.
Whistler is facing limited supply, with sales and listing inventory both decreasing by 7% in the first half of the year. Chalet inventory specifically saw a 17% decline, though prospective-buyer inquiries and property tours have increased.
In Big White, the second quarter was the strongest since 2022, with 19 sales recorded and average prices rising 14.8% year over year to approximately $732,000. This growth was driven by townhouses, even as condominium sales fell 30%. Meanwhile, the Kootenay and Boundary region reported stronger activity, with July sales increasing 2.6% year over year.
Entities
British Columbia · Big White · Washington · Haven Lifestyles · Kootenays
Timeline
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9 days ago
[BUSINESS] 2 sourcesLuxury real estate listings across British Columbia and the Pacific NorthwestLuxury real estate listings feature coastal estates in British Columbia and waterfront or mountain-view homes across Washington, Idaho, and Utah.
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18 days ago
[BUSINESS] 2 sourcesBritish Columbia mountain real estate markets show varied fall trendsBritish Columbia mountain real estate markets show mixed trends, with Whistler facing limited supply and Big White seeing its strongest Q2 sales since 2022 despite provincial declines.
Sources
havenlifestyles.com · miketravel.com · newsbytesapp.com