Whistler Real Estate Company Market Synopsis – November 2025
In Whistler, November activity held steady, with 45 sales recorded—only slightly below the 46 sales seen in October and remaining higher than this time last year. Condos continued to lead the way, climbing 64% month-over-month with 23 sales, while single-family homes saw six sales and townhomes recorded nine. Total inventory in Whistler rose to 297 units, up from 288 in October. Townhome listings increased by 13%, condo listings dipped 9% from last month but remain 15% higher year-over-year, and single-family inventory stayed consistent with October levels. Pricing trends were mixed across property types. The median single-family price held steady at $3.387 million, townhomes saw a 23% decline, and condos softened by 11% —reflecting a shift in the types of units transacting rather than broad market depreciation. Days on market edged up slightly, with single-family homes taking a median of 39 days to sell, townhomes 64 days, and condos 58 days. Overall, Whistler remains a balanced market heading into winter. Buyers have more selection than earlier in the year, and well-priced listings continue to see solid engagement, especially in the condo segment.
Pemberton Real Estate Market Synopsis – November 2025
Pemberton experienced a slower November, with two residential sales this month compared to six in October and three last November. Of the two sales, one was a single-family home and one was a condo, while townhomes and vacant land saw no completed transactions. Total inventory remained stable at 77 units, just slightly above the 76 active listings in October. Year-over-year, inventory remains elevated across several property types, most notably condos, which sit significantly higher than last November. The median price for the month’s single-family sale was $1.635 million, nearly in line with October’s median and up 26% from last year. Days on market improved substantially, with single-family homes selling in a median of 19 days, down from 83 days in October. The Pemberton market continues to lean in favor of buyers heading into the winter season, offering increased choice and opportunities for those looking for value in the region.
Bank of Canada Interest Rate Announcement – December 10, 2025
The Bank of Canada held its overnight rate steady this morning at 2.25%. In the statement accompanying the decision, the Bank noted that the Canadian economy will likely continue to be challenged over the next year by trade volatility, but it expects underlying domestic demand to firm up in 2026. On inflation, the Bank expects CPI inflation to remain close to its 2% target, though it still assesses underlying or core inflation at closer to 2.5%. Overall, the Bank judges the current level of its policy rate to be the right level to keep inflation at its target while helping the economy to adjust to the current period of global trade upheaval.
The complexities of global trade tensions still mean at least some downward pressure on growth coupled with potential upward pressure on inflation. That puts the Bank in a difficult spot, and unsurprisingly, policymakers are acting with enhanced levels of caution. The Bank of Canada continues to signal that its policy measures cannot offset the economic impacts of trade wars and while concerns over a tariff driven acceleration of inflation are less of a concern now that Canada has dropped most of its retaliatory tariffs on US goods, the underlying trend in inflation remains above the Bank’s 2 per cent target. Recent revisions to Canadian GDP and a surprisingly strong 3rd quarter headline GDP number paint a somewhat rosier picture of the economy than underlying reality. That said, market sentiment has shifted in recent weeks with financial markets now anticipating a rate hike in 2026. That change in expectations has filtered into bond markets, prompting a dramatic rise in the 5-year bond yield to over 3%. Should that level hold, an already sluggish housing market may be contending with rising fixed mortgage rates in the new year.
*Copyright British Columbia Real Estate Association. Reprinted with permission.
*Based on the Whistler Listing Systems’ total dollar volume sold.
