With the US dollar being so strong, the buyers from the United States must be snapping up our properties?
Vancouver and the Lower Mainland area have always been the main area that our buyers come from. And then Whistler and the rest of Canada. NO – you say. Yes!
The strong US dollar has made Canadians more wealthy as our US cousins are spending their 132% dollar in our country, which means Canadians have more money to spend on real estate in Canada. And Canadians are keeping their money in Canada. Make sense! Take a look at the stats!
Greater Vancouver buyers purchased 45% of Whistler real estate in 2015.
Whistler buyers purchased 27% of Whistler real estate in 2015.
BC other purchased 9% of Whistler real estate in 2015.
Canada other purchased 3%
That means 84% of Whistler buyers came from Canada in 2015 – how about that!
So when you ask where are the buyers coming from. Please don’t make the assumption that it is from the US of A. Good old Canada has always been our strongest buyer base…. and still is!