Happy to be Interviewed by Brent Jang at The Globe and Mail! - "bargains galore in the B.C. resort of Whistler."
As Matthew Callaghan sees it, there are bargains galore in the B.C. resort of Whistler. The real estate agent has listed a one-bedroom condo-hotel unit on Main Street, near Whistler Olympic Plaza for $159,000. That’s a 48-per-cent discount from the 2004 sale price of $303,500 for the 506-square-foot property at the Delta Whistler Village Suites. “Whistler used to be more expensive than Vancouver, but not any more,” said Mr. Callaghan, who works at Sutton Group. Although the real estate market in most of Canada has long left the financial crisis behind, Whistler is still picking up the pieces. While Greater Vancouver’s average housing prices have surged 32 per cent since 2007, Whistler’s property prices have tumbled an average of 23.5 per cent from their peak six years ago. Whistler’s slump shows some areas of the country are still recovering from the economic shockwaves that came after the collapse of Lehman Brothers in 2008. The resort area remains a tough sell for Canadia...