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Real estate sales are not independent of wider consumer pricing and the cost of living, he adds.
While Whistler remains a valley of hot properties, it’s got a long way to go to reach Vail and Aspen. According to the Aspen Times , members of the Aspen Board of Realtors sold more than $1 billion (US) in real estate during 2000 for the second year in a row. And the Denver Post reported that a single real estate firm sold $1.1 billion (US) worth of properties in and around Vail from October 1999 to Sept. 30 of this year.
However, direct comparisons with Whistler are not valid. Both Aspen and Vail real estate figures take into account sales in towns near the two ski centres, whereas Whistler sales figures do not include Pemberton or other areas.