According to a recent report, one real estate company is predicting that British Columbia's ski resort real estate market is poised for a significant upswing in 2025.
After a period of declining prices through 2024, the Royal Lepage 2024 Winter Recreational Property Report is forecasting an 8.5% increase in single-family home prices for 2025. Big White, near Kelowna, anticipates a 5% rise, while Whistler expects a 9% surge. The report cites such factors as exemptions from short-term rental restrictions and the foreign buyer ban as well as a strong U.S. dollar, are the cause for driving renewed interest.
I don’t know anything about the ski resort real estate market, but I’m lucky enough to have many great colleagues who know those areas well. Over on my instagram page, I just posted an interview I had with two Real Broker agents who live and work in the Big White Ski Resort area near Kelowna. I highly recommend that you check it out.
If you are interested in purchasing property in Whistler, Sun Peak, Big White or any of the other ski resorts around the province, shoot me an email at brad@langleyhomes.ca and I’ll connect you with the absolute best in the business!
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