Let’s talk about the third quarter of 2024 in the Whistler and Pemberton real estate markets. Whistler Despite a typical slow summer of sales, inventory levels declined slightly throughout the quarter. This came as a function of an almost 40% reduction in the number of listings coming to the market in Q3 vs Q2 (Note: […]
Let’s talk about the second quarter of 2024 in the Whistler and Pemberton real estate markets. Over the course of the quarter, inventory levels continued to rise in both Whistler and Pemberton, which came as a function of both typical spring market activity and the capital gains changes that came into effect towards the end […]
Whistler is consistently ranked one of North America’s top ski resorts for a reason. With endless year-round recreational activities, stunning views and glacier lakes, world-class dining, events and activities, with a vibrant Village with all your daily-living amenities – all conveniently located within 2 hours of Vancouver’s International airport. If you are considering purchasing a […]
Let’s talk about the first quarter of 2024 in the Whistler and Pemberton real estate markets. Over the course of the quarter, inventory levels ticked up, as did consumer confidence as a result of the Bank of Canada holding interest rates steady and suggesting that the first interest rate decrease will take place later this […]
2023 was an overall slower year in the Whistler and Pemberton real estate markets, allowing inventory to tick up while prices held. The main drivers of the lower sales volume were the impacts of inflation on households and the overall borrowing power of buyers as a result of the sustained high interest rates throughout the […]
Let’s talk about the third quarter of 2023 in the Whistler and Pemberton real estate markets. The third quarter in Whistler and Pemberton consisted of steady sales, with some exceptional transactions boosting the luxury market segment. The consistent pace, while slightly lower sales activity, is due to the continued questions about interest rates and future […]
Let’s talk about the second quarter of 2023 in the Whistler and Pemberton real estate markets. Building on the end of Q1 market momentum, April remained a busy month in terms of sales, which got even busier in May before slowing down in June. The June slowdown likely came as a function of the interest […]
Real Estate Market Report: Let’s talk about the first quarter of 2023 in the Whistler and Pemberton real estate markets. January 2023 was a very slow month in terms of sales, but the markets rebounded in February and March. This came as a function of increased economic certainty, as the Bank of Canada has signalled […]
Talk to your Accountant about the Underused Housing Tax On January 1, 2022, the Government of Canada introduced the Underused Housing Tax (UHT) with the intended goal of helping to cool down Canada’s housing market. Generally speaking, the UHT is an annual 1% tax on residential property owned by non-resident, non-Canadians that is deemed to […]
B.C.’s Cooling-Off Period In recent weeks, you may have heard about BC’s new Home Buyer Rescission Period, also known as the “cooling-off period,” allowing home buyers to back out of a residential purchase within a set period after signing a contract. The BC government introduced this change to real estate contract law to ‘cool off’ […]