Playing the Currency - Canadian and US Dollars

In our continuing effort to provide you with the necessary information to make informed decisions in the Whistler Real Estate market, we believe the current value of the Canadian dollar to be a significant factor.

In the last 10 days the Canadian dollar has averaged .779108¢ USD compared to a year ago when the Canadian dollar was actually worth more than the US dollar! The experts are saying that the Canadian dollar should remain in the current range through the first half of this year before heading higher over the next year to the .90¢ USD range.

The combination of incredible value in the Whistler Real Estate market (remember we have had a flat stable market since third quarter 2002), the current strength of the US dollar in relation to the Canadian dollar, historically low interest rates and a strong “buyers market” mentality makes this the ideal time to seriously consider Whistler.

In addition, remember that the true benefit of hosting the 2010 Olympics next February is the incredible media exposure with close to 3 billion television viewers and over 10,000 media representatives in attendance. The predictions are that our market will see increased activity as a result of the Olympic exposure beginning the summer of 2010.

Please give us a call if you would like to discuss the possibilities.