Condos in B.C. winter destination saw the biggest price jump in Canada this year | Daily Hive

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The price for condos in one of B.C.’s most popular ski communities is increasing at higher rates than in any other winter destination in Canada.

According to a recent report from Royal LePage, the hot recreational property market continued in 2025, with condominiums in popular winter destinations across the country rising by an average of 9.5 per cent.

However, Whistler saw the biggest jump by a wide margin, with condos in the resort municipality increasing by 20.3 per cent year-over-year.

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“Following a year of sluggish activity and stagnant prices in 2024, the real estate markets in Canada’s most popular ski destinations rebounded in 2025,” said Phil Soper, president and chief executive officer, Royal LePage.

“Modest interest rate relief and a growing ‘Buy Canadian’ mindset helped reignite demand for slopeside chalets and mountain retreats. While economic uncertainty continues to weigh on many urban markets, buyers seeking winter escapes are pushing ahead – demonstrating once again the resilience and enduring appeal of Canada’s recreational regions.”

Several other B.C. winter destinations also saw spikes in condo prices, including Sun Peaks, which saw a jump of 17.4 per cent and Big White, which rose 15.3 per cent compared to the same period in 2024.

Revelstoke, which was recently named among the best in the world by international travellers, has the highest median for condos in the province at $750,000, which represents a drop of 6.5 per cent year-over-year.

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Single-family detached homes in B.C. winter destinations are also forecast to see a rise in 2026.

“In the province’s recreational market, the median price of a single-family detached home is forecast to increase 3.5 per cent over the next 12 months,” said Royal Lepage in a statement.

Whistler is expected to exceed that number with a projected increase of 4 per cent for single-family detached homes. The median price is forecast to hit $3.7 million in the resort municipality.

“Canada’s recreational property markets have historically weathered economic headwinds better than most of the real estate industry. Buyers of second homes tend to have more financial flexibility and are less sensitive to short-term interest rate changes,” added Soper.

“Supply is also naturally constrained. Unlike our cities, recreational regions see limited new construction, which means demand routinely outstrips available inventory. Even with broader economic challenges in play, these markets remain resilient as buyers continue to believe in the long-term value – and the lifestyle – that a winter retreat provides.”