Mother’s Day Wishes & Your Whistler Market Update

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Mother’s Day in Whistler: Thoughtful Local Gift Ideas She’ll Actually Love

Mother’s Day is such a beautiful reminder to slow down and celebrate the mothers, grandmothers, and mother figures who mean so much to us.

Still looking for the perfect gift? You could always buy her a Whistler condo, chalet, or maybe a hotel investment.

Not quite in the budget this year? Paying the property taxes before they’re due in July would probably be appreciated too.

All jokes aside, the best gifts are often the thoughtful ones. Whether it is a card, a phone call, flowers, brunch, or simply spending time together, I am sure she will appreciate the love behind it.

And for a few more realistic but still very thoughtful ideas, here is my Whistler-inspired attempt at an Oprah-style “Favourite Things” list.

P.S. Remember to register the kids for Whistler summer camps.

Shauna’s Whistler-Inspired Mother’s Day Gift Ideas

Butter Bike Shorts – a Cyclist favorite
Whistler Perfect slippers
Whistler Mobile Bike Service
21 West Home Décor in Whistler for Something unique
Kathleen Tennock Pottery
Best Whistler order in Thai
Grab a Frozen Chicken Pie for your Whistler Weekend from West Vancouver
Whistler Delivery for a Gals favorite Rose- Maybe get a case for all the Whistler Summer Nights
Perfect Yeti Chair for those Whistler Concert Series Nights or Tofino Beach
Best General Store created by Whistler locals for online shopping
LYNX Headlamps – A must-have for Sea to Sky adventures

Spring 2026 Whistler Real Estate Market Snapshot

The Whistler real estate market continues to show a clear story: inventory remains relatively tight, buyer activity is selective, and pricing is behaving very differently depending on property type.

As of April 2026, detached homes, condos, and townhomes are each sitting in different market positions. That is why it is so important not to rely on broad headlines when making decisions in Whistler.

Property Type Active Listings Sales Benchmark Price One-Year Change
Detached 75 5 $2,663,400 -1.2%
Condos 125 18 $515,100 -22.3%
Townhomes 83 9 $1,636,900 -1.7%

Source: Greater Vancouver REALTORS® REALTOR® Report, Whistler, April 2026, current as of May 4, 2026.

Detached Homes

The detached market remains the most supply-constrained segment. Active detached listings were down 17.6% year-over-year, with 75 active listings compared to 91 last April. Sales were slightly higher, with 5 sales in April compared to 4 the year before. The MLS® HPI benchmark price for detached homes was $2,663,400, down just 1.2% year-over-year.

This tells us that while buyers are cautious, well-positioned detached homes continue to hold their value. The detached market is not seeing a dramatic price correction. Instead, it is a market where pricing strategy, presentation, and property-specific value matter more than ever.

Condos

The condo market is more nuanced. Active condo listings were down 6% year-over-year, with 125 active listings compared to 133 last April. Sales were up 20%, with 18 sales compared to 15 last year. However, the MLS® HPI benchmark price was $515,100, down 22.3% year-over-year.

That headline price decline needs context. Whistler’s condo market includes a wide range of ownership types, from Phase 1 properties with flexible owner use to Phase 2 hotel-style investments with restricted personal use, different financing considerations, and varying rental income profiles.

Buyers are being more analytical, and value is being judged carefully against use, revenue, strata fees, renovation levels, and long-term holding costs.

Townhomes

Townhomes remain one of the more balanced segments of the Whistler market. Active listings were down 8.8% year-over-year, with 83 active listings compared to 91 last April. Sales were down 40%, with 9 sales compared to 15 last year. The benchmark price was $1,636,900, down 1.7% year-over-year.

This suggests that townhome prices are largely holding, but buyers are not rushing. They are comparing options carefully and taking the time to understand location, strata condition, renovation quality, rental potential, and lifestyle fit.

What This Means for Buyers and Sellers

For sellers, this is not a market where you can simply “test” an aspirational price and expect immediate results. Buyers are educated, cautious, and comparing value carefully. The strongest results are still going to sellers who price accurately, prepare thoughtfully, and present their property in the best possible light from day one.

For buyers, the opportunity is in understanding the segments. Whistler is not one market. A detached home in a low-inventory neighbourhood, a Phase 2 hotel investment suite, and a family townhome all behave differently.

The best opportunities are often found by looking beyond the headline numbers and understanding the specific ownership structure, revenue potential, condition, and long-term value of each property.

My Take

Whistler continues to be a highly desirable, limited-supply resort market. We are not seeing a broad collapse in values. What we are seeing is a more discerning market, where buyers are asking better questions and sellers need better strategy.

This is exactly the kind of market where experience matters. After nearly 30 years in Whistler real estate, I know that the best decisions come from understanding both the data and the details behind the data.

Whether you are considering selling, buying, or simply trying to understand what your Whistler property is worth in today’s market, I would be happy to help you interpret the numbers and what they mean for your specific property.

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Whistler Real Estate Market Update: Q1 2026

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A More Thoughtful Start to the 2026 Whistler Real Estate Market

The first quarter of 2026 gave us an interesting look at the Whistler real estate market.

Activity improved compared to the final quarter of 2025, but overall sales were still softer than what we saw in the first quarter of 2025. In other words, the market was not frozen, but buyers were moving carefully.

That has really been the tone of the market: interest is still there, but decisions are more thoughtful. Buyers are asking more questions, comparing options, and taking the time to understand value before making a move.

For a market like Whistler, that is not necessarily a negative thing. Whistler buyers are often making lifestyle-driven decisions, investment decisions, or long-term family decisions — and those choices deserve proper consideration.

Whistler Sales Activity in Q1 2026

Whistler recorded 115 real estate transactions in the first quarter of 2026. Compared to Q1 2025, most property segments saw lower sales volume, with chalet, condo, and shared ownership sales down between 13% and 19%.

The one standout was the townhome market.

Townhome sales increased by 26% compared to the same period last year, making it the strongest-performing segment of the quarter.

That tells us buyers are still willing to act when the right property comes along — especially when it offers the space, flexibility, and lifestyle that many Whistler buyers are looking for.

Townhomes Were the Standout Segment

Townhomes had a strong start to the year, and that makes sense.

For many Whistler buyers, townhomes offer a very appealing middle ground. They often provide more space than a condo, less maintenance than a detached home, and better functionality for families, guests, gear storage, and longer stays.

A well-located Whistler townhome can be especially attractive if it offers easy access to the Village, ski lifts, trails, lakes, or the Valley Trail. These lifestyle features continue to matter, even when buyers are being more cautious.

The Q1 numbers show that buyers are still responding to quality and usability. They may not be rushing, but they are paying attention.

Condos, Chalets, and Shared Ownership Were Softer

While townhomes had a stronger quarter, condos, chalets, and shared ownership properties saw lower sales activity compared to Q1 2025.

For condos, buyers are often looking closely at the full picture: purchase price, strata fees, GST, rental rules, building condition, revenue potential, and how they personally want to use the property.

For chalets, buyers are also taking their time. These are larger purchases, and many buyers want to feel confident about long-term value, location, renovation potential, maintenance, and lifestyle fit before making a decision.

This does not mean demand has disappeared. It simply means buyers are being selective.

Inventory Remained Mixed

Listing levels in Whistler were mixed compared to the same time last year. Townhome and condo inventory saw slight increases, while chalet and shared ownership inventory saw small declines.

This is important because inventory affects both buyer confidence and seller strategy.

When buyers have more choice, they tend to compare carefully. When inventory is limited in certain categories, the right property can still attract strong interest.

In Whistler, it is rarely enough to look only at the overall market. Each segment behaves differently. A Village condo, a Benchlands townhome, a Creekside chalet, and a shared ownership property can all be influenced by different buyer motivations.

What This Means for Buyers

For buyers, Q1 2026 offered a bit more breathing room in some parts of the market.

This can be a good thing. A more measured market gives buyers time to understand the details, compare properties, and make a confident decision.

Before buying in Whistler, it is important to look beyond the list price and understand things like:

  • Rental zoning and nightly rental rules
  • Phase 1 or Phase 2 ownership
  • Strata fees and building history
  • GST implications
  • Renovation potential
  • Parking, storage, and access
  • Long-term personal use and rental goals

The best opportunity is not always the lowest-priced property. Often, it is the property that fits your lifestyle, budget, and long-term plan the best.

What This Means for Sellers

For sellers, the Q1 2026 market showed that strategy matters.

Buyers are still active, but they are more careful. That means pricing, presentation, and positioning are very important.

A strong selling strategy in this market should include:

  • Accurate pricing based on current buyer behaviour
  • Professional presentation and photography
  • Clear information about zoning, rental use, strata fees, and property rules
  • A thoughtful marketing plan
  • Patience and flexibility during negotiations

The properties that stand out are the ones that are easy for buyers to understand and easy for them to imagine owning.

A Few Important Rule Changes to Keep in Mind

There are also a few broader regulatory items that continue to matter for Whistler buyers and sellers.

The BC Home Flipping Tax came into effect on January 1, 2025. It may apply to income from the sale of residential property, presale contracts, or assignments owned for less than two years, with the rate starting at 20% for sales within 365 days and declining to 0% at 730 days.

For tenant-occupied properties, BC also introduced changes requiring landlords to use the Landlord Use Web Portal for certain personal or caretaker-use notices. The Province also increased notice requirements and states that the person moving into the home must occupy it for at least 12 months.

These rules can affect timing, negotiations, and planning, so it is always worth getting proper legal and tax advice before making decisions.

My Take on the Q1 2026 Whistler Market

The Whistler market in early 2026 was not about urgency. It was about quality, confidence, and fit.

Buyers are still watching Whistler closely, but they want to understand what they are buying. Sellers can still do well, but they need to be realistic and strategic.

The standout townhome activity shows us that when a property checks the right boxes, buyers are still ready to move.

As always in Whistler, the details matter. Location, zoning, rental rules, strata health, views, sun exposure, access, and long-term use can all make a big difference.

If you are thinking about buying or selling in Whistler this year, I would be happy to help you understand how these market conditions apply to your specific goals.

Considering a move in Whistler? Reach out anytime – I’d love to help you talk through your options.

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Real Estate Market Report: 2025 Year End

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A Look Back at the 2025 Whistler Real Estate Market

The Whistler real estate market in 2025 was a story of balance, patience, and selective buyer activity.

While overall sales softened slightly compared to 2024, the market was far from quiet. Buyers were still active, especially when the right property came along. What changed was the type of property buyers were responding to, and how carefully they were making decisions.

According to the Whistler Real Estate Company’s 2025 year-end market report, overall Whistler unit sales were down 6% compared to 2024, while total dollar volume was only down 1%. That small difference is important because it shows that higher-value property types, especially chalets and townhomes, helped support the overall market.

For buyers and sellers, the key takeaway is this: Whistler remained resilient, but the market was not moving evenly across every property type.

Condos Saw the Biggest Shift

The condominium segment experienced the most noticeable slowdown in 2025.

Condo unit sales were down 17% year over year, while condo dollar volume decreased by 12%.

This does not mean condos are no longer in demand. Whistler condos continue to be one of the most searched and accessible entry points into the market, especially for buyers looking for personal use, rental income potential, or a long-term foothold in Whistler.

However, buyers in this segment were more cautious in 2025. With higher borrowing costs, more choice in some areas, and careful attention to strata fees, rental zoning, phase restrictions, and building condition, condo buyers took their time.

For sellers, this means pricing, presentation, and clear communication around ownership rules became even more important.

Chalets and Townhomes Showed Strength

While condos softened, the chalet and townhome markets told a different story.

Chalet sales increased by 7% in units and 11% in dollar volume, while townhouse sales rose by 15% in units and 9% in dollar volume.

This suggests that buyers were still willing to move forward when they found the right lifestyle property.

In Whistler, townhomes and chalets often appeal to buyers looking for more space, privacy, parking, storage, and flexibility for family and guests. These are not always impulse purchases. They are often long-term lifestyle decisions.

That is one of the reasons Whistler remains such a unique market. People are not just buying square footage here. They are buying access to the mountains, the trails, the lakes, the village, and the lifestyle that comes with it.

Buyers Were Selective, But Still Engaged

One of the most interesting numbers from the 2025 report is that 53% of new listings that came to market sold within the year. When condos and vacant land were removed from that calculation, the number rose to more than 60%.

To me, that says a lot.

It tells us that buyers were not gone. They were simply more selective.

Well-priced properties in desirable locations still attracted attention. Homes with strong presentation, clear value, and the right positioning continued to sell. On the other hand, properties that were overpriced or harder to understand often sat longer.

This is where local knowledge matters. In Whistler, two properties can look similar online but perform very differently depending on zoning, rental use, building rules, views, sun exposure, strata history, parking, storage, and location.

What This Means for Sellers

If you are thinking about selling in Whistler, 2025 showed us that the market still rewards good strategy.

Sellers should not assume that every listing will move quickly, but they also should not feel discouraged by softer headline numbers. The right property, positioned well, can still perform strongly.

A successful selling strategy in today’s market should include:

  • Accurate pricing based on current buyer behaviour
  • Professional presentation and strong photography
  • Clear explanation of rental rules, zoning, and ownership structure
  • A marketing plan that reaches both local and out-of-market buyers
  • Patience, especially in property segments where buyers are taking longer to decide

In Whistler, details matter. Buyers often compare not only price, but lifestyle, convenience, income potential, and long-term value.

What This Means for Buyers

For buyers, the 2025 market created opportunity, especially for those who were prepared.

More balanced conditions can give buyers time to compare options, ask questions, and make thoughtful decisions. That is especially helpful in Whistler, where every building, neighbourhood, and ownership type can come with different rules.

Before buying, it is important to understand:

  • Phase 1 vs Phase 2 ownership
  • Nightly rental zoning
  • Strata fees and building history
  • GST implications
  • Foreign buyer rules
  • Financing options
  • Long-term use and rental potential

The best opportunities are not always the cheapest listings. Often, the best opportunity is the property that truly fits your goals.

A Quick Note for U.S. and International Buyers

Whistler continues to be of interest to U.S. and international buyers, especially those looking for lifestyle, rental potential, or a long-term mountain property.

The federal foreign buyer ban applies to certain residential properties located in Census Metropolitan Areas and Census Agglomerations, according to CMHC. The Whistler Real Estate Company’s report notes that the ban does not apply to the Whistler and Pemberton markets.

That said, rules can be nuanced, and buyers should always confirm their specific situation with a lawyer and qualified real estate advisor before purchasing.

Important Regulatory Updates to Keep in Mind

There are also a few provincial rules that buyers and sellers should be aware of.

The BC Home Flipping Tax came into effect on January 1, 2025 and may apply to residential properties sold within 730 days of purchase, unless an exemption applies. The rate starts at 20% for sales within 365 days and gradually declines to 0% by day 730.

There have also been changes to tenancy rules in British Columbia. For certain landlord-use evictions, landlords must use the provincial web portal, and the Province currently outlines a three-month notice requirement for landlord occupancy.

These rules can affect timelines, negotiations, and closing strategy, especially if a property is tenant-occupied.

Looking Ahead to 2026

As we move through 2026, interest rates, buyer confidence, inventory levels, and broader economic conditions will continue to shape the Whistler market.

The Bank of Canada held its policy rate at 2.25% on April 29, 2026, after holding the same rate earlier in the year.

For many buyers, more stability around borrowing costs can make planning easier. For sellers, it may help bring more qualified buyers back into the conversation.

In Whistler, demand is rarely driven by only one factor. Lifestyle, scarcity, zoning, rental potential, family use, and long-term confidence in the resort all play a role.

Final Thoughts

The 2025 Whistler market was not a dramatic boom or bust. It was a more thoughtful market.

Condos faced more pressure, while chalets and townhomes showed strength. Buyers were selective, but active. Sellers who priced and presented well still found success.

Whether you are thinking about buying, selling, or simply trying to understand where the Whistler market is heading, the most important thing is to look beyond the headlines and understand how the numbers apply to your specific property or goals.

If you have questions about the Whistler real estate market, current listings, or what your property may be worth in today’s conditions, I would be happy to help.

Considering a move in Whistler? Reach out anytime – I’d love to talk through your options.

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Q3 2025 Whistler Real Estate Market Update

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Whistler Real Estate Market Update – Q3 2025

A stable market with shifting dynamics across property types

As we wrap up the third quarter of 2025, Whistler’s real estate market continues to show resilience and balance, even as activity levels reflect a more measured pace. While the total number of sales slowed slightly compared to the previous quarter, pricing across most property types remained steady, with some segments even seeing modest gains.

Sales & Market Activity

  • Whistler recorded 106 transactions in Q3 2025, reflecting a 9% decline from Q2 and a modest drop compared to the same quarter last year.

  • The market’s slower pace is consistent with summer behavior in past years, but the fact that activity is continuing — even in a subdued environment — speaks to underlying demand.

Chalets

Sales activity in Whistler’s chalet market eased through Q3, with 15 sales, down 17% from Q2 and 25% year-over-year.
The median sale price held relatively firm at $3.36 million, just 1% below last quarter and 5% lower than last year, demonstrating that demand for quality single-family homes remains consistent.
The average days on market rose to 91 days, up slightly from Q2, as buyers took more time to make decisions. Inventory levels were stable at 92 active listings.

📊 Summary: Fewer transactions, but pricing stability suggests a confident luxury segment.

Townhomes

The townhome segment experienced both a dip in sales volume and a lift in pricing — reflecting steady interest among buyers seeking a balance between space and convenience.
There were 35 townhome sales, down 29% from Q2, though still 21% higher than Q3 2024.
The median sale price rose 8% quarter-over-quarter to $1.75 million, while properties averaged 50 days on market, slightly faster than earlier this year.
Inventory decreased by 10%, signaling tightening supply in this ever-popular segment.

📊 Summary: Limited inventory and strong buyer demand continue to support values in this category.

Condos

Whistler’s condo market showed renewed momentum this quarter.
Sales climbed 17% from Q2, with 35 units sold, while the median price increased 6% to $844,000.
Inventory remained healthy at around 100 active listings, down slightly from last quarter but still up 19% year-over-year, giving buyers more choice than in 2024.
Days on market averaged 51 days, relatively stable.

📊 Summary: Condos continue to offer attractive entry points for both personal use and revenue properties.

Vacant Land

Land opportunities remain scarce and highly specific, with just one sale in Q3.
Active listings fell 16% from last quarter, and the median sale price was $1.27 million, a 65% decline year-over-year, illustrating limited comparable activity in this niche market.

📊 Summary: The land market is quiet, with minimal turnover and selective buyer interest.

Price Resilience & Market Segments

  • Despite fewer sales, prices held relatively steady across property types — single-family homes, townhomes, and condos all saw pricing anchored compared to year-over-year numbers.

  • In the luxury sphere, activity remained meaningful: nine sales over $4 million were recorded in Q3, and four of those sold above $5 million, including a standout top sale of $12.65 million.

  • Inventory trends tell a more nuanced story. Overall active listings hovered around 320 units, down about 4% from last year.

    • Townhome inventory declined by around 22%.

    • Condo inventory, by contrast, climbed roughly 32%, with Phase 2 hotel-style units nearly doubling in listings.

    • Meanwhile, Phase 1 nightly-rental units also rose, up about 20%.

Buyer Origins & Market Composition

  • The origin of buyers remained heavily provincial: 86% from within B.C., exceeding historical averages.

  • 8% were U.S. buyers, showing continued international interest in Whistler.

  • Those numbers reinforce that Whistler remains a strong draw for buyers seeking lifestyle, not just investment.

Shauna’s Take

“Whistler’s real estate market has matured into a space where patience and precision pay off. Even in a quieter quarter, well-positioned properties are achieving strong results. For sellers, thoughtful pricing and presentation are key; for buyers, opportunities still exist – especially ahead of ski season.”

Looking Ahead

With ski season just around the corner, Whistler traditionally sees increased market engagement in Q4 as both local and international buyers refocus on mountain living.
Interest rate stability and a steady supply of listings suggest a balanced finish to 2025 — setting the stage for renewed confidence heading into the new year.

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Q2 2025 Whistler Real Estate Market Update

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Whistler Real Estate Market Update – Q2 2025

A more balanced market with strategic opportunities on both sides

As we wrap up the second quarter of 2025, Whistler’s real estate market is showing signs of stabilization after a slower start to the year. Sales volume has picked up slightly—particularly in May and June—but overall activity remains below recent historical averages.

Sales Activity & Market Momentum

According to the Whistler Listing Service (WLS), Q2 recorded 111 total sales, a slight decline from Q1 and approximately 20% fewer sales year-to-date compared to mid-2024. May stood out as the busiest month of the year so far, contributing to over 40% of Q2 activity.

While 2025’s pace still trails 2021–2023 levels, momentum is gradually building—especially as interest rate stability gives buyers more confidence. The luxury segment remained active, with 8 of this year’s 17 sales over $4M taking place in Q2.

Inventory & Buyer Trends

Inventory levels averaged 337 active listings in Q2, only slightly lower than the same period last year.

Buyer origins have remained consistent with historical patterns:

  • 67% from Whistler, Vancouver, and the North Shore

  • 18% from the rest of BC

  • 12% international (three-quarters from the U.S.)

By Property Type

This quarter highlighted a clear split in performance by property type:

  • Townhome sales surged 53% year-over-year.

  • Condo sales fell sharply by 60%.

  • Chalet and luxury sales posted steady but moderate movement.

Days on Market

Properties across all categories took longer to sell compared to last year:

  • Single-family homes: 87 days median (+60%)

  • Townhomes: 59 days (double last year)

  • Condos: 49 days (double last year)

This extended selling timeline gives buyers more breathing room to make informed decisions, while sellers need to focus on strong pricing and presentation to attract offers.

Pricing & Buyer Opportunity

Despite softer sales volumes, pricing remained resilient. In fact, median sale prices in May and June were at their highest since July 2024.

Well-priced listings are still achieving excellent results. This market rewards:

  • Sellers who price strategically and present their property well.

  • Buyers who take advantage of increased inventory and negotiation room.

Looking Ahead

The BC Real Estate Association (BCREA) projects modest upward price pressure across the province, driven by stable interest rates and tight inventory. The Bank of Canada’s decision to hold rates—paired with the possibility of cuts later this year—may add fresh momentum to the market in the second half of 2025.

In Whistler, stable supply and steady buyer interest are shaping a more balanced market, where patience and preparation can lead to excellent opportunities for both buyers and sellers.

📊 Want to dive deeper?
We’ve prepared a Q1 vs. Q2 2025 Whistler Market Report with detailed graphs comparing sales activity, days on market, and median pricing trends—making it easy to see exactly how the market is shifting this year. See the full update below, and if you’d like to discuss your real estate goals or receive our Seller’s Guide or Investment Trail Book, I’d be happy to connect anytime.

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Taxes for non-resident property owners – Whistler

The following information is provided by BDO Canada LLP, a leading provider of professional tax and financial services. If you are a non-resident property owner in Canada, it is essential to understand your tax obligations, including GST, withholding tax, and the impact of personal use on your rental property. This guide outlines key tax considerations and compliance requirements to help you navigate your responsibilities with confidence.

A Guide to Help You Understand Your Rental Property Taxes

Rental property can be a significant source of income. As a non-resident property owner, it is important to understand your responsibility to report that income for tax purposes. This guide outlines general issues surrounding non-resident taxation and answers some of the most common questions property owners typically ask.

Canadian Tax at a Glance

  • Tax in Canada is administered by the Canada Revenue Agency (CRA).
  • Income tax in Canada is determined based on revenue earned net of tax-deductible expenses. Tax rates can vary:
    • For individuals, rates begin at 22%.
    • For non-resident corporations, rates begin at 25%.
  • Sales taxes (GST) and the Underused Housing Tax (UHT) are separate taxes.
  • The taxation year runs from January 1 to December 31 for individuals.
  • Tax returns are generally due April 30, June 15, or June 30, depending on the type of return.

Non-Resident Withholding Tax

Non-residents earning rental income in Canada are subject to withholding tax, which is collected at the source of payment. The CRA requires that 25% of the gross rental revenue (before any expenses) be remitted as a prepayment of taxes.

If you have a property manager, they are required to withhold and remit this tax on your behalf. If you do not have a property manager or agent, you must remit the 25% tax yourself. This withholding is a prepayment and will usually exceed the actual income tax owed. You may receive a refund when you file your annual tax return. However, if you fail to file the required return on time, the CRA will keep the full amount of prepaid tax.

Reducing the Withholding Tax

You can reduce withholding tax on Section 216 rental properties by filing an NR6 election. This requires a joint submission between you and a Canadian agent (such as a property manager) and must be approved by the CRA.

  • The NR6 election should be filed when you purchase the property and annually before the tax year begins.
  • BDO typically prepares NR6 elections in September and October each year.

Important Terminology

NR6 Election

  • This is an application to the CRA providing an estimate of revenue and expenses for the year.
  • If approved, the withholding tax is reduced to 25% of net income instead of gross income.

NR4 Slip

  • Issued annually to report the gross income and withholding tax paid.
  • Must be attached to your income tax return to claim prepaid taxes and any potential refund.
  • Must be issued by your property manager by March 31.

Section 216 Property

  • The majority of rental properties in Canada require a Section 216 tax return.

Section 115 Property

  • A property generating business income requires a Section 115 return (e.g., properties operated as a hotel).

Underused Housing Tax (UHT)

  • An annual federal tax assessed on the fair market value of a property.
  • Generally applies to non-residents who own residential properties in Canada, regardless of usage.

When Are Tax Returns Due?

  • If you owe taxes, payments are due April 30, even if your tax return is due later.
  • UHT returns and payments (if applicable) are due April 30.
  • If you have an NR6 election in place, your taxes are due June 30.
  • If you own a Section 216 property without an NR6 election, you have up to two years to file—after which you may lose eligibility for a tax refund.
  • Most GST returns are due March 31.
  • Late filings result in interest and penalties.

Goods and Services Tax (GST)

GST is a 5% sales tax applied to most goods and services, including short-term rental accommodation.

If you rent your property on a nightly basis, you may be required to register for GST and either claim a refund or defer payment on expenses related to your rental property. This includes GST payable on the property purchase.

  • If you intend to use your property for personal use, even occasionally, your eligibility for GST deferrals may be reduced or eliminated.
  • Consult BDO’s Whistler office to determine whether GST registration is appropriate for your situation.

What Information Do I Need to File My Tax Returns?

  • Revenue and expense statements from your property manager.
  • NR4 slip (prepared by your property manager).
  • Rental income from private bookings.
  • Tourism Whistler dues (if the property is in Whistler).
  • Insurance fees, strata fees, mortgage interest (obtain a copy of your bank’s mortgage interest statement).
  • Invoices for repairs and maintenance.
  • Utility bills.
  • Municipal property taxes (Resort Municipality of Whistler, if applicable).
  • The number of days your property was used for personal purposes.

What Happens When a Property Is Sold?

When selling your property, a prepayment of 25% (increasing to 35% as of January 1, 2025) of the total capital gainmust be submitted with a T2062 application to the CRA within 10 days of the sale.

  • Legal counsel must hold back 25% to 50% of sale proceeds in trust until the CRA approves the T2062 application and receives payment.
  • The CRA requires documentation to support the original cost of the property to avoid unnecessary capital gains tax.

Required Documentation for a Property Sale

  • Purchase documents (buyer statement of adjustments, assignment documents).
  • Invoices for capital improvements sold with the property.
  • Canadian customs documents for imported goods (request from Canada Border Services Agency when importing).
  • Previous tax returns and capital cost allowance records.

The information in this publication is current as of November 2024. It is provided as broad guidance and does not replace professional tax advice. Consult BDO Canada LLP for specific recommendations based on your circumstances.

For More Information, Contact:

Kim Huggard, CPA, CGA
Partner, Business Services & Outsourcing
📞 778-947-1189
✉️ khuggard@bdo.ca

Joanna Dubowska
Team Lead, Financial Reporting & Insights
📞 778-947-1210
✉️ jdubowska@bdo.ca

Sarah Douville
Senior Associate, Financial Reporting & Insights
📞 778-947-1209
✉️ sdouville@bdo.ca

BDO Whistler Office
📍 202-1200 Alpha Lake Road, Whistler, BC, V8E 0H6
📞 604-932-3799

🌐 www.bdo.ca

About BDO Canada LLP
BDO is a leading provider of professional services, delivering expertise in assurance & accounting, tax, and advisory services. With over 100 years of experience and a strong presence in local communities across Canada, BDO offers customized support to individuals and businesses navigating complex financial landscapes.

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Buyers’ guide to GST – Whistler Real Estate

The following information is provided by BDO Canada LLP and outlines important considerations regarding GST treatment for commercial property purchases. If you are acquiring a property that has been used for short-term rentals, understanding your GST obligations is crucial. Read on for insights from BDO’s tax experts, including key guidelines and implications for deferring or paying GST based on your property’s usage.

If you are purchasing an existing “commercial property”, meaning it has been in the rental pool and the vendor confirms it has been used for commercial purposes, then you have the option of continuing with short-term rentals and deferring the GST or removing it from short-term rentals and using it for your own personal use and paying the GST. You need to decide prior to the completion date to defer all or none of the GST because the vendor’s lawyer will request either your GST Business Number or payment of the GST to complete the transaction.

If you decide to defer the GST and register for an account with the CRA, the the next step is to ensure your unit is being rented as you can only claim 100% deferral of the GST based on your percentage of commercial rental.

THE GST ACT STATES AS FOLLOWS:

  • If you are over 90% commercial use, you claim a full credit and the GST is fully deferred.
  • If you are at 80% commercial use and 20% personal use you are required to repay 20% of the original GST deferred at the time of purchase for the year the personal use occurred. This is a one-time payment and you can use your unit 20% going forward.
  • If you are under 50% commercial use, the property is considered to be primarily a residential property and you would be required to repay the full amount of GST originally deferred.
  • The above commercial usage/versus personal usage is determined when you file your first GST return after the calendar year.
  • Up until 2007, our office was using 365 days as a calendar year. 10% personal use was 36.5 days and the balance was considered rental or available for rental. In March 2007 the Canada Revenue Agency (CRA) put out a document which stated their position that vacant days could not be as- sumed to be “business”. In other words having it available for rent is not considered in the equation of commercial versus personal use.
  • The CRA formula is based on actual rental nights plus personal use days = GST Registrants calendar where the personal use percentage is = personal use days/GST Registrants calendar.

If you so choose, we can prepare your GST returns using the 365 day formula, however, in the case of an audit, CRA will reassess to the days used formula. They would most likely look beyond the one year to make that determination. They may agree to adjust the formula for economic factors if we push for that and have a reasonable case, but they will not accept the 365 day denominator no matter what.

Once you have had an opportunity to review our e-mail and have questions or concerns, please do not hesitate to contact us.

questions?

BDO Canada LLP /s.r.l./S.E.N.C.R.L. www.bdo.ca

Kim Huggard

604 932 3799 ext. 1979 khuggard@bdo.ca

Joanna Dubowska

604 932 3799 ext. 1981 jdubowska@bdo.ca

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Whistler Real Estate Market: 2024 in Review

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As 2024 wraps up, it’s time to reflect on how Whistler’s real estate market has performed compared to previous years. With data sourced directly from the Whistler Listing Service and Macdonald Realty.

From overall sales trends to property-specific insights, there’s a lot to unpack.

Let’s dive into the stats below and see what the numbers tell us about this year’s market! 📊

2024: A Year of Change

This year marked a noticeable shift in Whistler’s real estate market, with overall sales dollar values reaching their lowest levels compared to 2023 and 2022. While the market saw reduced activity, this trend could signal opportunities for buyers looking to invest in the Whistler lifestyle.

Breaking It Down: Sales by Category

Let’s dive into how each property type performed in 2024:

  • Chalets: Steady sales activity, continuing to attract those seeking luxurious mountain living.
  • Condominiums: Consistent demand, showcasing their enduring appeal for vacationers and investors alike.
  • Townhouses: A versatile option, performing comparably to previous years despite market-wide trends.
  • Lots: A smaller market segment, but with unique opportunities for those looking to build their dream home.

Cumulative Insights

Despite the overall dip in sales, Whistler’s real estate market retains its charm. Buyers and sellers alike can take heart in the consistent demand for chalets and condos, which are often viewed as the heart of Whistler living.

What Does This Mean for You?

  • For Buyers: 2024 might be the perfect time to invest in Whistler, with opportunities arising from a softer market.
  • For Sellers: The right strategy and pricing are key to making the most of this unique market.

Whether you’re buying, selling, or simply exploring your options, Whistler’s real estate market continues to offer unparalleled potential and lifestyle opportunities.

Do you need help navigating the Whistler real estate market? Let’s meet for coffee and discuss your plans for Whistler. I am reachable anytime on my mobile (604) 905-9105 or via Zoom. It is a great way to get started.

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Monday Morning Buzz | Curated Whistler Real Estate Listings | June 2024

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Opportunity Knocks: Shauna’s Top Real Estate Picks for June 2024

Welcome to your dose of real estate excitement! As always, our markets have been buzzing with activity. Let’s dive into Shauna’s top real estate picks for Whistler and Pemberton, and then discuss what you can expect in the coming months.

Real Estate 101: Change is the Only Constant
Are you familiar with the saying ‘The only thing constant in life is change’? And boy, does that apply to our real estate market! From government policies to interest rates, there’s always something new shaking things up.

Recently, the provincial government introduced Bill 44, pushing municipalities to revise zoning regulations for increased density. Translation? More housing opportunities are on the horizon! On top of that, the federal government is looking to tweak the capital gains tax, which might change how investors play the game. Add in the Bank of Canada holding interest rates steady (with whispers of a decrease later this year), and you’ve got a recipe for an interesting market!

Whistler: A Winter Wonderland of Deals
Sales and Volume: Whistler was bustling in Q1 with 117 sales, a steady stream of activity through January and February, and a slight chill in March. Overall, our sales volumes matched last year, but dollar volume jumped 9%. Thank you, luxury market! We saw 12 homes sell for over $4 million and some record-breaking condo and land deals.
Who’s Buying? Mostly Canadians, of course! 81% of buyers were from the Great White North, and they accounted for 82% of the dollar volume. We also saw a little more interest from our neighbours down south, with US buyers making up 13% of the dollar volume (up from 10% in 2023).
Inventory: We’ve got more options for you! Listings are up across the board compared to Q1 2023. Single-family home inventory soared by 65%, and townhomes by 31%. Whistler is balancing nicely, offering plenty of opportunities for both buyers and sellers.

Pemberton: The Buyer’s Paradise
Sales and Volume: Pemberton saw 17 sales this quarter, a 13% increase from Q4 2023 but a 26% drop year-over-year. We had a mix of charming chalets, cozy townhouses, stylish condos, and prime vacant land.
Prices: Median sales prices for single-family homes, condos, and townhouses crept up a bit compared to last quarter and the same time last year. Stabilizing mortgage rates are likely playing a part here. Plus, we saw two luxury sales over $2 million.
Who’s Buying? Local love! A whopping 82% of buyers were from Pemberton or Whistler, with the remaining 18% coming from Vancouver and West Vancouver.
Inventory: More choices, more fun! Inventory jumped from 61 to 73 units, including 24 vacant lots ready for your dream home plans. Pemberton is currently a buyer’s market, so if you’re looking to negotiate a sweet deal, now’s the time!

What’s Next?
As we move into Summer, we’re expecting even more activity. With the Bank of Canada hinting at a rate decrease, consumer confidence is up, and the market is primed for a busy season. Sellers are wanting to take advantage of a sale prior to the tax gain so savy Buyers are jumping in to take advantage of the potential savings being passed on to them.

Whether you’re thinking of buying, selling, or just curious about the market trends, stay tuned for more updates and don’t hesitate to reach out with any questions.

Here’s to an exciting and interesting Summer!

Shauna

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Galentine’s Day! A Fairmont Health Club with Parking for You!

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Fairmont Whistler Health Club Membership and Parking

Value $2800

💗Self Park Anytime*

💗Access to Tennis

💗Gym and Pools Hot tubs

💗Food and Beverage and Spa Savings

💗One Complimentary Golf Day

💗Complimentary Personal Trainer Session

Spread Love and I promise to love You Right back with this gift of appreciation for yourself or for your friend!  Your support means the world to me!  Now is the time to make a heartfelt introduction to a friend or family member.  I will ensure they receive exceptional service and i will work my “butt off” as always and you will be on your way to enjoying the perks of the Fairmont Whistler!
It’s a win- win!

 

 

 

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Holiday Greetings 2023

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Dear Friends and Clients,
Whistler is alive with holiday cheer and the excitement of the ski season. Meanwhile, as we eagerly await that perfect powder, it’s an ideal moment for a market update. Get cozy with your favorite brew, here’s the scoop on Whistler Real Estate this December!

Enjoy the slopes and the festive season!

Chalets
Vacant Land
Hotel Investments – Phase Two
Condos & Townhomes  – Rental Zoned
Condos & Townhomes – Residential Zoned
Pemberton

The Whistler Real Estate Market is holding its ground, just like it did last year—sales are keeping a steady pace, and the inventory remains stable. For potential buyers, now is a great time to explore the market with a bit more variety in choices. Looking ahead, we anticipate a potential easing of interest in 2024.

 

Wintersphere & Other Holiday Events in Whistler
December 23 – January 6, 2024

 

The ultimate, indoor winter wonderland experience Wintersphere offers festive activities for the entire family! For a complete Whistler Holiday Guide – Click Here. 

 

Festive Celebrations – Fairmont Chateau Whistler
December 15 – January 6, 2024

The slope-side resort will transform into a winter wonderland. Featuring decked halls, twinkling lights and a festive calendar filled with events and activities – there is no better place to celebrate the holidays in Whistler.

Stand up Comedy Laugh Out Live! 

December 29, 2023


Get ready to jingle all the way to laughter with Laugh Out LIVE!

 

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Monday Morning Buzz | New and Sold Listings From the Last 7 Days | October 23

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To keep you up to date with Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.

If you are interested in any of the properties or have any other questions, always feel free to contact us!

7 Day New Listings

7 Day Sold Listings

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Monday Morning Buzz | New and Sold Listings From the Last 7 Days | October 16

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To keep you up to date with Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.

If you are interested in any of the properties or have any other questions, always feel free to contact us!

7 Day New Listings

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Shauna's Top Picks This Week!

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To keep you up to date with Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.

If you are interested in any of the properties or have any other questions, always feel free to contact us!

 

Shauna’s Top Picks This Week!

7 Day New Listings

7 Day Sold Listings

 

 

 

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Whistler Real Estate Market Update October 2023: Insights from a Local Realtor

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Happy Friday! As the peak summer season fades, we return to regular rhythms and embrace fall in Whistler. Grab your cup of coffee and get yourself comfortable, here is my update on the Whistler Real Estate world.

 

 

Come Say Hello!

Thanksgiving Sunday, I invite you to stop in to my newly constructed Whistler family home. Come say hi, take a Home Tour and grab a fresh loaf of bread – as a gift from my family to yours!
Date: Sunday October 8th
Time: 12:00-2:00pm ANYTIME
Location: 7409 Treetop Lane
OPEN HOUSE 

 

Happy Thanksgiving from Shauna

Whistler Listings

Vacant Land
Chalets
Hotel Investments – Phase Two
Condos & Townhomes  – Rental Zoned
Condos & Townhomes – Residential Zoned
Shauna’s Top Picks This Week

 

Thinking about having tenants in your suite or home?
Here is our advice to get you started.

Are you a property owner in Whistler thinking about renting your suite or home? Here is our advice to get you started.

The Fairmont Chateau Whistler Resort, Four Seasons Whistler, and The Westin Resort & Spa Whistler are all seeking rental contracts with property owners in Whistler to provide housing for their hotel team members or staff associates. These contracts offer benefits such as no commissions, property maintenance, and long-term rental commitments. If you’re interested in learning more about these options, you can read more about them HERE.

What’s Going on in Whistler?

 

Whistler Farmers’ Market

Every Sunday until Oct. 8, the Whistler Farmers’ Market invites the community and visitors to connect with local makers and growers and enjoy the welcoming vibe of the market.

 

 

 

 

Cirque For Change

Step right up and get ready to be amazed under the big top of enchantment!

On Friday October 13th, our spell-binding ringleader, Gia Metric – who rose to fame in Canada’s Drag Race – will lead us through an evening of exhilarating performances, delectable dishes, and music that’s sure to keep you dancing.

But the real magic happens through our donation drive, where your generous support can help us raise an ambitious $100,000 to help Zero Ceiling end youth homelessness.

 

 

More questions? Email us personally!

 

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Whistler’s Luxury Real Estate Triumph: A $40-Million Architectural Marvel bought by Italian Entrepreneur

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In a groundbreaking real estate transaction, the combined sale of two adjacent Whistler properties have become the highest-priced real estate deal in the history of our ski resort. This monumental sale not only shatters records but also cements Whistler’s reputation as the ultimate destination for exclusive, high-end properties.

 

 Photo by Nic Lehoux

THE HIGHEST-PRICED HOUSE FOR SALE IN ALL OF CANADA

Situated in the prestigious Stonebridge neighborhood, a private home at 5462 Stonebridge Drive became the highest-priced house for sale in all of Canada when it was listed last year at$39 million. This remarkable 8,700-square-foot architectural masterpiece sitting on a nearly three-hectare lot the property was sold in July 2023 for an astonishing $32 million. Adjacent to this extraordinary property lies an even larger parcel of land, 9.8 acre lot to be developed in keeping with the existing design. This adjoining lot, sold in conjunction with the main estate, contributed to the record-breaking total purchase price of $40 million, inclusive of all applicable taxes.

STONEBRIDGE: WHISTLER’S MOST PRESTIGIOUS NEIGHBORHOODS 

Stonebridge is renowned for its breathtaking vistas of the majestic mountains and unparalleled privacy. The mansion was designed by the architects of Bill Gates’ home – Robert and David Miller of Bohlin Cywinski Jackson. They used significant design elements, such as the striking blue glass arrival court, the golden spiral, and the curving cable-hung stair that doubles as an art installation, all serve to create a harmonious connection between the interior spaces and the natural landscape. Furthermore, the property boasts cantilevered decks that extend the living spaces into the outdoors and a 25-meter pool that seems to defy gravity as it cuts into and out from the cliff’s edge.

 

$40-million Whistler luxury estate sold

 Photo by Nic Lehoux

ITALIAN ENTREPRENEUR SETS WHISTLER PRICE RECORD

The residence was built in 2014, by the original owner, this was the first time the property had changed owners. The prestigious buyer, as reported by the Wall Street Journal, is none other than Italian entrepreneur Salvatore ‘Sal’ Spano. His ambitious plan includes the development of the vacant lot next door, mirroring the existing design.

The beauty of it all lies in Whistler’s exemption from a new law that restricts foreigners from owning Canadian homes. The foreign owner ban in Canada does not apply to Whistler. We are one of the only communities in Canada that welcomes foreign owners.

The sellers are not leaving Whistler and have chosen to move closer to the Village, acquiring equally newsworthy residence, the House Heidi Whistler, as their new residence. The chalet sold for 7.5 million after been renovated by designer and TV personality Sarah Richardson. This luxury chalet has been featured on the HGTV show Sarah’s Mountain Escape.

 

LUXURY REAL ESTATE IN WHISTLER 

In summary, the $40-million sale reaffirms Whistler’s position as a world-renowned hub for luxury real estate. At Shauna O’Callaghan Real Estate, we have and always take pride in representing clients who define luxury living and who see the value of the Whistler community. It is important to note that most new luxury homes being constructed today, owners are equally spending an amount similar to the sale of this property in Stonebridge as their construction budget.  You see these investments in new builds being made all the time in these prestigious neighbourhoods such as Sunridge, Kadenwood, and Stonebridge.  Whistler is a young resort and re-sale of this magnitude has only just started!

 

More questions? Email us personally!

 

Source: https://vancouversun.com/business/real-estate/photos-whistler-luxury-estate-sells-40-million

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New Development: SEAandSKY Parkside Homes

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INTRODUCING PARKSIDE HOMES – EMBRACE ELEVATED LIVING

Parkside Homes offer an opportunity to immerse yourself in the breathtaking natural landscape of Squamish. From your front door, enjoy direct access to our shoreline community park and the rest of the community with ease. This limited collection of 4-bedroom homes feature SEAandSKY’s largest and most flexible floorplans, helping you build the perfect home base for your nature-immersive lifestyle. Homes are fully constructed and move-in ready so you can settle in right away.

Offering high-end finishes and appliances that are exclusive to the collection.

See Floorplans Here.

Spanning over 53 acres, SEAandSKY allows you to fully immerse yourself in an adventurous lifestyle while remaining closely connected to the excitement of Downtown Squamish.

In this quickly flourishing community, neighbours become friends, and friends become family. At SEAandSKY, you’re encouraged to put down roots, and truly come home.

More questions? Email us personally!

Source: SEAandSKY Bosa Properties

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New to Market: Britannia Beach Living

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Quality Homes For a Positively Transcendent Quality of Life.

Own in a premier waterfront location with coastal views of the stunning Howe Sound, just minutes from the city. With flexible two- and three-bedroom floorplans, ranging from 1,562 sq. ft to 1,895 sq. ft, Britannia Beach offers well-designed modern executive townhomes suitable for families and solo artists who want to live and play in a world-class outdoor community.

With Whistler-inspired architecture (including eight live/work designated units) bright, open-concept layouts with expansive windows, garages and modern touches, the homes at Britannia Beach set a new standard for relaxed mountain living that’s convenient to the city.

Surrounded by tranquil nature yet with all the amenities of a metropolitan city, Britannia Beach offers unencumbered access to wilderness, outdoor sports, a gentler pace of living, and the captivating beauty of the Howe Sound, nominated as Canada’s 19th UNESCO biosphere reserve.

This is the perfect place to raise a young family, with quick commute times to Vancouver, an ethos of outdoor adventure, and a true community vibe.

Discover more of what Britannia Beach has to offer below…

Discover Britannia Beach Phase 1 & 2

Discover Britannia Beach Phase 3

Britannia Beach Price Sheet

Source: Britannia Beach Living

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Looking For Reliable Tenants?


Photo: Tal Vardi

Are you a property owner in Whistler thinking about renting your suite or home? Here is our advice to get you started.

Fairmont Chateau Whistler Resort is growing its Housing portfolio and sourcing additional Chalet and Condo Rental contracts for our Hotel Team Members. Our leaders are mature, career driven drivers that know the word respect. Contract terms for property Owners are stress free with no commissions and include representation from our 4 person fulltime Housing Department working with you 24/7: maintaining all aspects of the tenancy including quarterly inspections. A great next move for Whistler property Owners that have tired with the Airbnb game or Property Fees. Let’s see if we can make a match and develop a long-term relationship. General inquiries please Email Us!

The Four Seasons Whistler is looking to add to our employee housing inventory! We are fortunate to have existing, long-term relationships with many local home and property owners and are continuing to expand our housing inventory. What can we offer? Commitment from the Four Seasons on ensuring your property is well looked after, secure, long-term rental, management of tenancy by dedicated Housing Team, with peace of mind knowing your property is in good hands.  Does this sound like it could be a fit? Please Email Us!

The Westin Resort & Spa Whistler is looking for housing for our Staff Associates. We take pride in the homes we lease and you can rest easy knowing your home is looked after with the Westin. We have a designated Housing Manager, monthly rent paid by the hotel directly, maintenance issues overseen by our Engineering Team, scheduled monthly inspections, no visitors, smoking or pets allowed at any time. Please contact Megan O’Donnell at 604-203-7854 or Email Us!

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COMING SOON Vacant Lots in Rainbow

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Calling all developers and those interested in building their dream home!

Total of 15 vacant lots coming to Rainbow!
Very rare opportunity within Whistler to develop your dream ski chalet! Prime luxury home location with views of Whistler & Blackcomb Mountain.

Rise at Rainbow features 5 lots with unobstructed views, to be purchased together. Ideal for a developer looking for their next project! These lots are above Bear Paw Trail. Ranging between 14,100 square feet and 16,685 square feet, with build sizes between 5,685 square feet and 6,590 square feet, each of these single family home lots have sweeping views of the surrounding mountains.

Enclave at Rainbow features 10 lots, available individually. Located at the end of Ski Jump Rise. All lots have been preemptively connected to services. Ranging between 7,500 square feet and 16,650 square feet, with build sizes between 3,325 square feet and 6,300 square feet.

Rainbow is one of Whistler’s only master planned communities, thoughtfully designed around park and green space as well as views of the lake and mountains.

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Opinion: The enduring value of realtors in the age of AI

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By Jonathan Cooper, President of Macdonald Real Estate Group

News about ChatGPT and AI developments dominated recent headlines. Amongst other data points, AI-driven applications published a peer-reviewed academic paper and passed the infamously challenging U.S. bar exam.

Technological advances of this magnitude have the potential to be generally disruptive at a societal level, and the real estate business is certainly not immune (as cogently described by Natalka Falcomer in a recent article in REM). Indeed, technological disruptions have always been part of the real estate business.

In the 1990s, many believed that the pervasive adoption of the internet would be the ultimate disruptor in real estate. Fueled by the widespread availability of listing data online, the internet would radically disintermediate the home transaction process: buyers and sellers would consummate deals directly via online platforms, therefore negating (or at least reducing) the need for real estate agents. It was the eBay model applied to real estate.

“For many consumers, the presence of immense technological ‘noise’ in the market, combined with abundant data, actually intensifies the need for a trusted advisor.”

More recently, the ‘iBuyer’ phenomenon emerged, offering vendors the option of quick, algorithm-driven and tech-enabled home sales (as an aside, the recent massive financial losses of iBuyer platforms speak to technology’s inherent limitations in reacting to fluid and complex market conditions). Yet in the American context, some 85 per cent to 90 per cent of transactions are agent-assisted, a rate similar to the 1980s (if not slightly higher). And while the Canadian data is a bit hard to pin down, it’s clear that realtors are still involved in the vast majority of home sales.

There’s an irony here: for many consumers, the presence of immense technological ‘noise’ in the market, combined with abundant data, actually intensifies the need for a trusted advisor.

“Real estate decisions—especially for residential property—are both intensely subjective and objective.”

Real estate decisions—especially for residential property—are both intensely subjective and objective. Zoning, land value, potential rental rates on the mortgage helper: these all matter. But so does the angle of the afternoon sun and the spatial relationship of the kitchen to the den.

Realtors help their clients balance these factors, providing crucial human guidance in the transaction process: what data is actually relevant? What technologies can add value to the home buying and selling process versus merely serving as a distraction? Weighing the most important factors (which differ from person to person), is this the best home for my family of those currently available? Humans inhabit and use real estate, and accordingly, humans are also crucial to real estate decisions.

The louder the noise, the greater the value of a quiet, trusted voice.

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Selling Luxury Homes in Whistler, BC

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How Does a Seller sell a Luxury Home Valued over $5M Dollars in Whistler, BC?

As a luxury real estate agent, there are several important marketing skills that you should have in order to be successful. Here are some of the most important marketing skills that a luxury real estate agent should possess:
1. Hire a top Performing Luxury Real Estate Agent with market knowledge. A luxury real estate agent should have a deep understanding of the luxury real estate market, including the latest trends, the most desirable neighborhoods, and the types of properties that are in demand. This knowledge will help you to better market and sell your luxury property to potential buyers.
2. Branding: As a luxury real estate agent, you should have a strong personal brand that communicates your expertise, professionalism, and dedication to your clients. This can include a well-designed website, professional photography, and a strong social media presence.
3. Networking: Building relationships with other real estate agents, luxury property owners, and high-net-worth individuals is critical to success in the luxury real estate market. A luxury real estate agent should have strong networking skills and be able to cultivate relationships with key players in the industry
4. Communication: Effective communication is essential for success in any real estate market, but it is especially important in the luxury market. A luxury real estate agent should be able to communicate clearly and professionally with clients, colleagues, and other stakeholders in the real estate industry.
5. Creativity: A luxury real estate agent should be able to think outside the box when it comes to marketing and selling luxury properties. This may involve using creative marketing strategies, developing unique property listings, and finding innovative ways to showcase luxury properties to potential buyers.

Additionally, a seller should also look for a luxury real estate agent who is committed and hardworking. Selling a luxury property can be a complex and time-consuming process, and it requires an agent who is willing to go above and beyond to get the job done. A luxury real estate agent who is dedicated to their clients and their craft will work tirelessly to ensure that the property is marketed effectively, that potential buyers are qualified and vetted, and that the sales process is handled with the utmost professionalism and care. A seller should feel confident that their luxury real estate agent is truly invested in achieving their goals and will work tirelessly to make it happen.

This week I attended attending the Tom Ferry marketing course in Anaheim. The course offers a comprehensive curriculum on the latest marketing strategies and techniques for real estate agents, including branding, lead generation, social media marketing, and all the latest techniques and hacks to keep our clients properties fresh and enticing to buyers. I believe that by attending this course, I am constantly updating my skills to better serve my clients and to help their properties stand out in a competitive market.
Moreover, the conference provides an opportunity to network with other like-minded professionals in the industry and build relationships that could lead to future collaborations and opportunities.
Here is a fun picture of me and the some of my helpers behind the scences.

Click here to view a Luxury Portfolio Video

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Vancouver Market Update | November 2022

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While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,614 in November 2022, a 52.9 per cent decrease from the 3,428 sales recorded in November 2021, and a 15.2 per cent decrease from the 1,903 homes sold in October 2022.

Last month’s sales were 36.9 per cent below the 10-year November sales average.

There were 3,055 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in November 2022. This represents a 22.9 per cent decrease compared to the 3,964 homes listed in November 2021 and a 24.2 per cent decrease compared to October 2022 when sellers listed 4,033 homes.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,179, a 28.5 per cent increase compared to November 2021 (7,144) and a 6.8 per cent decrease compared to October 2022 (9,852).

“Heading into 2023, the market continues the trend of shifting toward historical averages and typical seasonal norms,” Lis said. “Whether these trends continue will depend on looming economic factors and forthcoming housing policy measures on the horizon, which hold the potential to reignite uncertainty in our market.

“With that said, from a long-term structural standpoint, the current pace of listings and available inventory remain relatively tight when considered against a backdrop of continued in-migration to the province. With the recently announced increase in federal immigration targets, the state of available supply in our market remains one demand surge away from renewed price escalation, despite the inflationary environment and elevated mortgage rates.”

For all property types, the sales-to-active listings ratio for November 2022 is 17.6 per cent. By property type, the ratio is 13.2 per cent for detached homes, 19.7 per cent for townhomes, and 20.8 per cent for apartments.

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,131,600. This represents a 0.6 per cent decrease over November 2021, a 10.2 per cent decrease over the last six months, and a 1.5 per cent decrease compared to October 2022.

Sales of detached homes in November 2022 reached 486, a 50.8 per cent decrease from the 987 detached sales recorded in November 2021. The benchmark price for detached properties is $1,856,800. This represents a 1.7 per cent decrease from November 2021 and a 1.9 per cent decrease compared to October 2022.

Sales of apartment homes reached 847 in November 2022, a 53.7 per cent decrease compared to the 1,828 sales in November 2021. The benchmark price of an apartment property is $720,500. This represents a 3.5 per cent increase from November 2021 and a 0.9 per cent decrease compared to October 2022.

Attached home sales in November 2022 totalled 281, a 54.2 per cent decrease compared to the 613 sales in November 2021. The benchmark price of an attached unit is $1,027,900. This represents a 2.7 per cent increase from November 2021 and a 1.5 per cent decrease compared to October 2022.

* Areas covered by the Real Estate Board of Greater Vancouver include: Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.

 

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Quarter 3 Update

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Pace slows for Whistler real estate in Q3, but prices hold strong year-over-year

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Pace slows for Whistler real estate in Q3, but prices hold strong year-over-year

Buyer hesitancy and rising interest rates mean fewer bidding wars and a significant slowdown in sales.

This article was published in the Pique Magazine, by Megan Lalonde

SpearheadWhistlerApartmentRentalSold

Looking to purchase a property in Whistler ahead of ski season?

Good news: you’ll have more time to step back and assess your options before pulling the trigger than if you were looking to buy a year ago.

“The bidding wars are done,” said David Higgins, managing broker of the Whistler Real Estate Company (WREC).

The average number of days Whistler properties spent on the market across all property types was 60 in September 2022, compared to 39 in September 2021, added Madison Perry, a realtor with RE/MAX Sea to Sky Real Estate, in an email.

“The best news is that in more areas of the market than not right now there is room for negotiation for buyers,” she wrote, which, after the highly-competitive, multiple-offer pressure cooker scenarios Whistler buyers experienced last year, “is a breath of fresh air for them.”

Broken down, single-family homes in Whistler spent a median of 55 days on the market in the third quarter of 2022 (Q3), compared to 43 days for townhouses and 31 days for condos, according to WREC’s Q3 Market Report. Although those numbers are significantly higher than the days-on-market figure recorded in both Q2 and the same three-month time period last year, “these numbers are relatively normal compared to historical levels.”

The bad news for buyers? Borrowing money to buy a property will cost you significantly more than it would have in 2021.

After dropping lending rates to near nothing early on in the pandemic, Canada’s central bank raised its benchmark interest rate six times in just over eight months in an effort to curb skyrocketing inflation. The latest measure, a 50-basis-point hike announced on Oct. 26, brings the Bank of Canada’s current target rate to 3.75 per cent.

Whistler “isn’t immune” to those same economic stressors that have brought about a downshift in Canada’s real-estate market from coast to coast, said Higgins. In Whistler, the effect of those hikes manifested as a corresponding slowdown in sales volume in Q3. Both July and September ranked among the top 10 lowest monthly sales volumes in the last decade, according to WREC’s Q3 market report.

After recording $406 million dollars in sales in Q1, Perry said Whistler brought in $164 million through 102 total sales across all property types in Q3 of this year. Volume-wise, that’s less than half of the 232 total transactions the resort recorded throughout Q3 in 2021.

Perry attributed that drop to a combination of low inventory (more on that in a minute) and buyer hesitancy. “Thanks to the interest rate increases, buyers are watching the market and waiting to see how the housing prices will react,” she explained.

But with that in mind, Perry said she has noticed different segments of the market react differently to rate increases. “Properties under $1 [million] are still quite competitive, as buyers want their little slice of heaven, especially nightly rentable investment properties,” she explained. “Chalets and single-family homes are definitely seeing downward pressure, which I believe is due to the affordability being affected so significantly in that area of the market.”

In Perry’s view, “the luxury market seems relatively unaffected by the recent happenings,” she added.

Still, prices remain up year-over-year. The average price of a chalet, or single-family home in Whistler, hit just over $5.1 million in Q3, up from $4.73 million in Q2, while condos sold for $907,576 on average, down from $1.16 million in Q2, compared to just over $1.6 million for a townhouse ($1.84 million in Q2). The average sale of a vacant lot in Q3 was $143,333.

But considering Whistler’s limited number of sales, Higgins cautioned, one high-value transaction could skew those figures dramatically.

(The average sale price of a chalet in Whistler reached just over $4.1 million in 2021, compared to $3.265 in 2020 and $2.861 in 2019.)

In Whistler, “Prices are easy up and sticky down,” Higgins explained. “Right now, if I can’t sell my place, I can rent it for a lot of money, so I don’t need to sell it. If you don’t need to sell it, that means the prices aren’t going to change. So [sellers will] just wait.”

To that end, while buyers might have more time to assess their options, that doesn’t mean there’s an abundance of options to assess in the first place.

According to WREC, Whistler’s inventory rose about 29 per cent from Q2 2022, but is still trailing 37 per cent below the resort’s 10-year inventory average.

With about 234 listings in Whistler and 60 in Pemberton as of last month, “in terms of inventory, we’re still historically low in both” communities, said Higgins.

“A balanced market would be closer to 350, 400 in Whistler and 100 and change in Pemberton,” he added. “Our inventory is still low. It’s creeping up, but the pace of sales has slowed down. We’re not selling at the same pace … as this time a year ago.”

Higgins said he expects to see sale volume pick up in Q4, with Whistler’s market fortified by its limited supply and substantial demand, particularly as tourists return to the resort in droves. “We always see interest in October, November,” he explained. “There’s still interest there for people who want to get a hold of a place for the winter.”

And, with long-term rentals seemingly more impossible to find by the day (stay tuned for more coverage on housing constraints in the coming weeks), Whistler’s dearth of rental availability could also play a role in driving property sales.

Amid a lack of pressure from Vancouver buyers, the price of Whistler properties, on average, is probably “not going to go up,” Higgins conceded. “But a levelling out, that all depends. That’s when it’s very market specific—if you’re looking for a ski-in, ski-out place on the mountain, that’s always going to be [a property] people want to get.”

Perry said she similarly isn’t expecting to see any “sharp drops” in prices, “because we are so highly desired worldwide and we have such low inventory to offer,” she noted.

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Whistler Real Estate Market Statistics – October 2022

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In October 2022, there were 7 sales of detached homes and 66 active listings. The benchmark sale price was $2,639,400.
The condo market had 16 sales and 87 active listings at the end of the month.  The benchmark sale price was $603,900.
The townhome market had 8 sales and the active listings were 53. The benchmark sale price was $1,417,200.
It’s a balanced market in Whistler.
Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – October 2022

 

 

 

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Whistler Market Update

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Whistler ‘Just Used to Be a Ski Town.’ Now Buyers Want to Live There Year-Round – WSJ Article

Whistler ‘Just Used to Be a Ski Town.’ Now Buyers Want to Live There Year-Round.

Thanks to a strong U.S. dollar, Americans are once again flocking to the Canadian resort town—and four-season attractions are keeping them there
By J.S. Marcus published in Wall Street Journal, October 12, 2022

 This week, The Wall Street Journal’s Mansion section is rolling out stories from our ski and mountain homes issue. Catch stories like this one on how ski resort expansions are driving up local real-estate prices, a trip to one of Colorado’s richest ZIP Codes and more.

Richard Dalzell, a retired tech executive living in greater Seattle, has skied all over the U.S.  But when it came time to buy a ski home, he found what he needed over the border in Canada, in Whistler, British Columbia, a four-hour drive away.

In addition to convenience, the double-mountain resort town—with a year-round population of 13,948 that can surge up to 55,000 at peak times—offered Mr. Dalzell, 65 years old, and his wife, Kathie Dalzell, 64, reliable snowfall at low altitudes and long ski runs.

Whistler Blackcomb, as the ski facilities are known, is North America’s largest ski resort, with more than 8,000 acres of skiable terrain and a mile-long vertical drop that makes for runs lasting up to a half-hour.

The Four Seasons Private Residences Whistler complex has 37 units. The majority of owners are from the U.S.PHOTO: FOUR SEASONS RESORT AND RESIDENCES WHISTLER

The heated outdoor pool is for use by condo owners at the Four Seasons.PHOTO: FOUR SEASONS RESORT AND RESIDENCES WHISTLER

Pacific Northwest clients are back in force in Whistler doing luxury-home construction, says David Arnott, a Scottish-born architect based in nearby Squamish. A strong U.S. dollar and the area’s expanding year-round attractions are contributing to its allure, adds local real-estate agent John Ryan.

Richard and Kathie Dalzell, of greater Seattle, are doing a $655,000 renovation on their three-bedroom home at the Four Seasons. They bought the unit for about U.S. $2.749 million in 2012.PHOTO: DALZELL FAMILY PHOTO

The Dalzells paid $2.75 million Canadian dollars, or about U.S. $2.749 million, in 2012 for a 2,400-square-foot, three-bedroom unit in the Four Seasons Private Residences Whistler. The couple, who typically use the condo about eight weeks a year, are now upgrading the unit at a cost of about $655,000. Their six-month renovation is set to wrap up in December, after installing everything from new hardwood floors and new plumbing fixtures to a high-tech automated lighting system and fresh wallpaper.

Before the pandemic, Americans were playing an increasing role in Whistler sales. In 2019, U.S. buyers made up 16% of the luxury market in greater Whistler, says Mr. Ryan. Their presence dropped to 6% during the pandemic, when border closures meant his clients were buying properties sight unseen. On Oct. 1, Canada dropped its final Covid restrictions on foreign travel, and Mr. Ryan says sales to Americans this year are on track to rebound.

The Whistler market, a two-hour drive from Vancouver’s international airport, is concentrated in a narrow valley in the Coastal Mountains on either side of Highway 99, taking in five scenic lakes. Development in the town is strictly controlled and lots tend to be small.

Whistler’s most expensive current listing is a 8,700-square-foot, six-bedroom home on a 7.25-acre lot in the Stonebridge area. Maggi Thornhill/Engel & Völkers Whistler is handling the sale.EMA PETER (2); NIC LEHOUX

ILLUSTRATION: JASON LEE

Centrally located luxury condos, with easy access to ski lifts and restaurants, start at $1.45 million, says Mr. Ryan, while chalets close to Whistler’s center can range between $2.177 million and $14.5 million.  The most expensive properties are found in large-lot Stonebridge, separated from the village center by Alta Lake and marked by contemporary mansions.

The resort town’s most expensive current listing is located here—an 8,700-square-foot, six-bedroom built in 2014 on 7.65 acres. The listing price is C$39 million, or about U.S.$28.4 million.

In 2016, Whistler Blackcomb was purchased by Vail Resorts, the publicly traded Colorado-based company, with a portfolio that includes Vail, Breckenridge and Park City, Utah. Whistler Blackcomb is Vail’s lone Canadian property, and the company offers season passes, at $899, to its full, primarily U.S.-based, portfolio.

Carolina Pires, marketing communications manager of the Four Seasons Resort and Residences Whistler, says the arrival of Vail Resorts has helped to increase the appeal of the area. A majority of the Four Seasons condo owners are now American, she says.

Whistler Blackcomb is now a year-round destination, attracting visitors in 2022 to wildflower-covered meadows in summer and challenging runs on Whistler Mountain during the ski season.MITCHELL WINTON; CHRISTIE FITZPATRICK

Mr. Arnott’s studio, Stark Architecture, is designing a new Whistler-area mansion for another Seattle client. The $4.36 million, five-bedroom is being built into a $2.18 million hillside lot. It will have three stories and two elevators, plus the mountain views that are standard issue for such luxury projects.

SHARE YOUR THOUGHTS

What do you like the most about Whistler, and do you like it enough to consider living there year-round? Join the conversation below.

Whistler’s lower elevation and coastal precipitation levels make for longer ski seasons, which typically last here from late November to the end of May, with the option of high-summer skiing on one of the mountain’s glaciers.

“When you go out to Breckenridge, you spend your first few days acclimatizing,” says Mr. Dalzell of the Colorado resort, which starts at 9,600 feet above sea level. By comparison, the village of Whistler is at about 2,200 feet, with the highest runs starting at 7,500 feet. Many people start feeling uncomfortable at around 8,000 feet.

The Creekside Gondola at the base of Whistler Mountain, one of two mountains at the resort.PHOTO: JOHN RYAN/THE WHISTLER REAL ESTATE COMPANY

First developed as a significant ski destination in the 1960s, the resort area was upgraded for the Vancouver 2010 Winter Olympics. Climate change has made for hotter, drier summers, and the area now also is known for mountain biking, golf, and a varied dining scene, as well as its rambunctious après-ski vibe just about every weekend.

Seattle couple Patrik Edenholm and his wife, Valerie Daggett, paid $1.9 million for a Whistler condo in early 2021, sight unseen.PHOTO: JOHN RYAN/THE WHISTLER REAL ESTATE COMPANY.

Patrik Edenholm, 63, a Seattle-based executive in a biotech startup, has been coming to Whistler for decades. He and his wife, Valerie Daggett, a bioengineering professor at the University of Washington, are now on their third home here, upgrading during the pandemic to a three-bedroom, three-bathroom, 1,590-square-foot condo. The couple paid $1.9 million for the unit in early 2021, sight unseen.

Whistler “just used to be a ski town,” says Mr. Edenholm.  “Now it’s a tourist destination.”

The year-round activities helped push up prices during the pandemic. Whistler real-estate agent Shauna O’Callaghan says the average price of a  single-family home—known here as a chalet, regardless of style—has surged since spring 2020.  “A chalet price went from $1,747,800 in 2020 to $2,333,400 in 2021, and then again up to 2,808,600 in 2022,” she says.

Harry and Barbara Jaako are selling their four-bedroom Whistler home for $5.75 million. The property has an outdoor pool for warmer months and a poured-concrete fireplace for winters. Maggi Thornhill of Engel & Völkers Whistler is handling the listing.SHANE RESIDE (2); JANICE POWER PHOTOGRAPHY (PORTRAIT)

A four-story Whistler home, listed for $5.75 million, touts its year-round amenities. The 4,069-square-foot four-bedroom, built on a half-acre lot, was planned by owners Harry and Barbara Jaako of Vancouver as their primary residence, allowing them to downsize back in the city.

Mr. Jaako, 70, a venture capitalist, and his wife, a 75-year-old retired ad executive, bought a lot in 2008, listed for $945,000, at a sharp discount, then invested $3.64 million to complete the home in stages between 2011 and 2015. The property has a heated outdoor pool, a decorative pond with a fountain and a deck pavilion that the couple heat for winter use. Making the most of a steep site, they built a subterranean wine cellar on the second story and elevated their outdoor cooking areas out of reach of any marauding wildlife. They are selling now so they can travel more.

The two typically open up the outdoor areas in May and start winterizing in October, says Mr. Jaako. But seasons can overlap in Whistler, he says, and spring can mean skiing in the morning and swimming at home in the afternoon.

Vancouver’s Will and Mickey McKay had Stark Architecture design a $3.39 million Whistler home, where the kitchen has Wolf and Sub-Zero appliances and the main bedroom has mountain views.CHRISTIAN TISDALE FOR THE WALL STREET JOURNAL (4)

Another British Columbia couple dividing their time between Whistler and Vancouver have just built a second, larger Whistler home that is more suitable for large family gatherings. Will McKay, a 70-year-old care-home developer and real-estate investor, and his wife, Mickey McKay, 68, a retired social worker, paid $1.556 million in 2018 for a rare but small vacant lot near Whistler Golf Course. Their 4,240-square-foot, three-story home sits tightly on a 1/5-acre site.

They spent $3.39 million to build and furnish the house, completed this summer.  It is equipped with a ski-and-snowboard mud room and a deck with a hot tub. The McKays plan to rent out the house for part of the year. They otherwise stay at their two-bedroom condo when they are at the resort.

Nathaniel Furst, an Australia-born local builder, is completing his own Whistler-area home, where the living room has a three-sided gas-burning fireplace.

Christian Tisdale for The Wall Street Journal

Mr. Furst and his fiancée, Virginie Basque, bought a 4/5-acre vacant lot in 2021 for $698,000 and will spend about $3.23 million building a five-bedroom home, designed by Stark Architecture.

Christian Tisdale for The Wall Street Journal

The main bedroom, with a view on the property’s barrel sauna.

Christian Tisdale for The Wall Street Journal

The main bathroom has mountain views from the tub.

Christian Tisdale for The Wall Street Journal

The pair are putting finishing touches on the house, including this south-facing patio.

Christian Tisdale for The Wall Street Journal

Nathaniel Furst, an Australia-born local builder, is completing his home north of the center of Whistler.  Mr. Furst, 36, will share it with his Canadian fiancée, Virginie Basque, 31, an IT project manager.

The couple purchased the 4/5-acre vacant lot in early 2021 for $698,000 and will spend just under $3.23 million to build, furnish and eventually landscape the new house. Mr. Furst saved on his building costs by having his company, CVC Builders, work on the project.

The home was built with guests in mind, says Mr. Furst. It features a large, porcelain-top kitchen island, a three-sided living-room fireplace, a patio with an outdoor kitchen and a media room with its own bar area. He envisions filling the five-bedroom home with guests for his wedding next year.

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Vancouver Market Update | August 2022

 

Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent decrease from the 3,152 sales recorded in August 2021, and a 0.9 per cent decrease from the 1,887 homes sold in July 2022.

Last month’s sales were 29.2 per cent below the 10-year August sales average.

“With inflationary pressure and interest rates on the rise, home buyer and seller activity shifted below our long-term seasonal averages this summer,” Andrew Lis, REBGV’s director, economics and data analytics said. “This shift in market conditions caused prices to edge down over the past four months.”

There were 3,328 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2022. This represents a 17.5 per cent decrease compared to the 4,032 homes listed in August 2021 and a 16 per cent decrease compared to July 2022 when 3,960 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,662, a 7.3 per cent increase compared to August 2021 (9,005) and a 6.1 per cent decrease compared to July 2022 (10,288).

“Home buyers and sellers are taking more time to assess what this changing landscape means for their housing needs,” Lis said. “Preparation is critical in today’s market. Work with your Realtor to assess what today’s home prices, financing options, and other considerations mean for you.”

For all property types, the sales-to-active listings ratio for August 2022 is 19.4 per cent. By property type, the ratio is 12.2 per cent for detached homes, 25.3 per cent for townhomes, and 24.8 per cent for apartments.

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,180,500. This represents a 7.4 per cent increase over August 2021 and a 2.2 per cent decrease compared to July 2022.

Sales of detached homes in August 2022 reached 517, a 45.3 per cent decrease from the 945 detached sales recorded in August 2021. The benchmark price for a detached home is $1,954,100. This represents a 7.9 per cent increase from August 2021 and a 2.3 per cent decrease compared to July 2022.

Sales of apartment homes reached 998 in August 2022, a 38.8 per cent decrease compared to the 1,631 sales in August 2021. The benchmark price of an apartment home is $740,100. This represents an 8.7 per cent increase from August 2021 and a two per cent decrease compared to July 2022.

Attached home sales in August 2022 totalled 355, a 38.4 per cent decrease compared to the 576 sales in August 2021. The benchmark price of an attached home is $1,069,100. This represents a 12.7 per cent increase from August 2021 and a 2.5 per cent decrease compared to July 2022.

 

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Whistler Stats August 2022

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Whistler Market Update – September 2022

In a recent interview with the Real Estate Board of Greater Vancouver, Director of Economics and Data Analytics, Andrew Lis said the following:

I think most people would focus on average (or median) prices and sales volumes. We certainly see lots of discussion about it in the media.

But from my experience, I could probably tell you what’s happening to both prices and sales (and other indicators) by simply knowing the current and historical values of one single indicator: inventory.

If you look at real estate data for long enough, you’ll find that the one data series that contains a considerable amount of ‘predictive power’ is inventory. Low inventory scenarios are typically brought about by strong demand, which is typically synonymous with high sales volumes. Under these scenarios, prices tend to rise – sometimes dramatically, as we’ve seen in recent years.

The converse of this is generally true as well, with the caveat that prices tend to be much more ‘sticky’ downward than they are upward. But by knowing how much inventory there is online at any given time relative to the past, one can infer quite a lot about the current state of the market.

 

With that in mind, below are some graphs showing the Months of Inventory development in various market segments.

The most reliable indicator of market prices is the Sales to Active Listings Ratio (SAL). This is the ratio between the number of sales in a given month and the number of active listings at month-end. In hotter markets in BC, a long-term analysis has shown that prices will usually act in the following ways:

7+ Months of Inventory (Under 14% SAL): Prices will likely DECLINE
5 – 7 Months of Inventory (14% – 18% SAL): Prices will likely be STABLE
Less than 5.5 Months of Inventory (Over 18% SAL): Prices will likely RISE

 

 

 

 

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Three questions with Andrew Lis

Three questions with Andrew Lis | Director of Economics and Data Analytics

REBGV’s new Director of Economics and Data Analytics, Andrew Lis, joined REBGV in July. He’s an applied economist and data scientist specializing in real estate and urban land economics.

We asked Andrew three questions to help you get to know him better and preview some of the things he’ll be working on at the Board. Here’s what he told us.

 

What interests you about economics and analyzing economic data?

The stories behind the numbers.

Many people think data provides immutable answers to questions, and in some cases that’s true. But data doesn’t just exist in the world as if borne from thin air. Behind every data point is a data-generating process, and behind that, is a story.

So, for me, the fun in what I do is in painting compelling and engaging pictures of what the world around us looks like, by uncovering the stories behind the data.

 

In your opinion, what economic indicators are the most telling about what’s happening in the real estate market?

I think most people would focus on average (or median) prices and sales volumes. We certainly see lots of discussion about it in the media.

But from my experience, I could probably tell you what’s happening to both prices and sales (and other indicators) by simply knowing the current and historical values of one single indicator: inventory.

If you look at real estate data for long enough, you’ll find that the one data series that contains a considerable amount of ‘predictive power’ is inventory. Low inventory scenarios are typically brought about by strong demand, which is typically synonymous with high sales volumes. Under these scenarios, prices tend to rise – sometimes dramatically, as we’ve seen in recent years.

The converse of this is generally true as well, with the caveat that prices tend to be much more ‘sticky’ downward than they are upward. But by knowing how much inventory there is online at any given time relative to the past, one can infer quite a lot about the current state of the market.

 

What projects are you working on now?

There’s a ton of interesting projects already happening here at the Board that I’ve jumped into. Here’s a quick sampling:
• Getting up to speed with the Board’s strategic plan and other organizational policies.
• Reviewing and examining the previous economics and data-related work for ways to continue or expand upon it.
• Developing new communication strategies to share our data and findings with our members and the public.
• Building an Economics department at REBGV. This will be the bulk of my long-term work here and I have no shortage of ideas and directions!
I’m excited to join the Board and I really appreciate the support I’ve received from management, staff, and the members I’ve been able to interact with so far.

One of the great things about this new role is all the opportunities to do more of what I really enjoy doing, which I’m confident will translate to valuable resources and insights for members and audiences beyond.

And being a part of a member-focused organization like REBGV, I’m excited to hear from you too! If you have questions, thoughts, or just want to reach out and introduce yourself, don’t hesitate!

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August 2022 – Lower Mainland Monthly Update (REBGV & FVREB)

Metro Vancouver & Fraser Valley sales have cooled off considerably.

The most reliable indicator of market prices is the Sales to Active Listings Ratio (SAL). This is the ratio between the number of sales in a given month and the number of active listings at month-end.

In hotter markets in BC, a long-term analysis has shown that prices will usually act in the following ways:

  • 7+ Months of Inventory (Under 14% SAL): Prices will likely DECLINE
  • 5 – 7 Months of Inventory (14% – 18% SAL): Prices will likely be STABLE
  • Less than 5.5 Months of Inventory (Over 18% SAL): Prices will likely RISE

Visit this link to learn more about house prices and inventory.

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Pricing Trends in Whistler

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BC Assessment Value vs. What Your Home is Truly Worth by REW.ca

BC Assessment Value vs. What Your Home is Truly Worth

 

The dollar figure on your provincial property assessment notice is not necessarily your home’s market value. Here is a look at BC assessment value and market value and what contributes to these amounts.
By Dustan Woodhouse Jan 3, 2020 on rew.ca

What is BC Assessment?

The BC assessment provides a value for the government to determine property tax amounts in British Columbia. The assessment authority will determine the values estimated from July the previous year, so the current assessment will be calculated from July 2020. This is a predictable base for taxation but does not necessarily impact the real estate market.

 

How Are BC Assessment Values Calculated?

It’s unfeasible to expect the appraisers to visit each home in person, so they have to rely on the general property characteristics that place the most emphasis on the value of a home. As mentioned, this would be based on information from the previous July, so it can be somewhat out of kilter.

 

Characteristics used for calculation

  • The location of the property;
  • The size of the property;
  • The size of the lot;
  • View from the home;
  • The property age;
  • Home add-ons such as carports, garages, and decks; and
  • The sales’ prices from similar homes in your area.

 

BC Assessment Tools

The BC Assessment Authority gives you insight into the property market of whatever area you’re interested in. Check out their website to find relevant property information.

Information supplied

  • Property details: This includes the BC assessment value for the current and previous year, sales history; property size and number of rooms; and legal description.
  • Sold properties: You can compare property sales and compare them with their assessment values.
  • Neighbouring properties: You can compare the assessed value of houses in the neighbourhood.

 

Impact of BC Assessment on Property Taxes 

It’s important to note that your BC assessment value doesn’t have a massive impact on your property taxes as it’s more to do with the area as a whole. The neighbourhood requirements such as garbage collection and street cleaning still need to be factored in, so lowering taxes might impact service delivery.

 

What Does a BC Assessment Mean for Homeowners?

For most of us, property is our most valuable asset, so, understandably, there’s a concern when your assessed property value decreases. Particularly for first-time homebuyers or those looking to sell their property and are concerned they might not get their return on investment.

There is also the worry that you can’t renew your mortgage if you owe more than your current home’s assessed value. Fortunately, the BC assessment value doesn’t necessarily impact your home’s market value. Regarding mortgage renewal, if you have good credit and are renewing with the same lender, there should be no problem.

 

What Is the Market Value of Your Home?

When it comes to calculating your home’s market value, there are quite a few more factors in the assessment. Your market value is what a buyer is willing to pay for it, but there are a few considerations to get to that amount.

 

What Factors Impact the Market Value of the Home?

When an appraiser visits your home, here are some of the elements they will consider when figuring out the value:

  • The location of your home and its proximity to various transportation routes and amenities.
  • The age of your property.
  • The lot’s size and the lot dimensions could impact future build such as whether it’s flat or sloped, in a flood plain, or has many large trees with roots.
  • The size of your home’s interior and the number of rooms.
  • Your home’s layout and design, such as open-plan living areas.
  • Any additionals such as carports and garages, decks, number of allotted parking spaces, paring for RVs.
  • Any home upgrades will impact the market value, such as renovations, furnaces, appliances, flooring, or hot water furnaces.
  • If regular maintenance has been performed, such as roofing, gutters, re-painting, and more.
  • If this is a strata title property, the appraiser will also consider any special levies, the maintenance fees, reserve funds, and how well-run the building is.
  • The current real estate market trends – whether it’s a buyers’ or sellers’ market.
  • Comparable sales in the area within the last three months.

 

What Are the Main Differences Between the Assessed and Market Value?

It’s quite clear that the BC assessment value will not always correlate with the actual market value, and here are the three main reasons why:

  1. The appraiser will not visit the physical property when determining the B.C. assessment. Whereas, when it comes to buying a property, a person will get the experience of the home itself, which can drastically impact the market value.
  2. There are a lot more factors that an appraiser will take into consideration when determining the market value, rather than the narrow frame of reference that has to be relied upon when determining the B.C. assessment value.
  3. As we can all attest from experiences this past year, a lot can change in six months. What might have contributed to a property value in July could have changed substantially by January. However, in the instance of market value, you’re getting a real-time valuation.

 

How Much is my House Worth?

While the BC property assessment provides you with an indication of your property value, this is a foundation for the government to assign a tax amount to your property. It can often be the case that two similar properties are assigned different assessment values, and this value doesn’t necessarily correlate with your property’s market value. If you’re looking to get a home appraisal, you need to know that it’s not a DIY option; you’ll need to rely on industry specialists to assist.

 

When Would You Get an Appraisal?

A real estate appraiser will be able to give you an accurate indication of your property’s market value, which is useful if you’re:

  • Looking to sell your home and want a fair market value;
  • Looking to buy a home and want to ensure you’re paying for actual value;
  • Looking to have your mortgage re-financed; or
  • Looking to insure your property.

 

Benefits of an appraisal

  • If you’re looking to buy a home, it’s worth having an appraisal include as a contingency for the home inspection. The reason for this is that, should any problems arise, which could theoretically impact the agreed-upon sale price, you’re protected if you choose to get out of the sale.
  • If you’re looking to sell your home, then an appraisal gives you a realistic indication of your asking price so that you’re going in with misplaced expectations, and your property won’t sit on the market for too long.
  • For lenders and financial institutions, an appraisal will ensure the homeowner is not over-borrowing when buying or refinancing a property.

 

If you have any concerns regarding discrepancies between the B.C. assessment value and the expected market value, then it’s worthwhile consulting with real estate professionals for a full appraisal. More than just giving your home a credible value, they can indicate areas of improvement that could further enhance property value should you wish to sell at a later stage.

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Hilton Whistler Resort & Spa – Investment Opportunity

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The Hilton Whistler Resort & Spa is a popular investment option for many individuals that are looking to own in Whistler.

The hotel is conveniently located right near the gondolas to Whistler and Blackcomb Mountain, it offers a variety of room types, and has great facilities on offer.

What makes it unique amongst the hotel options in Whistler is its Phase 1 zoning. You can read more about zoning options in Whistler here.

In this case, it means as an owner you can use your suite for as many days of the year as you want (depending on availability). Other hotels in Whistler that are zoned as Phase 2, restrict the owner usage to 28 days in the winter and 28 days in the summer.

If you chose to stay in your suite, there is a daily fee to be paid per night. When you are not staying, the hotel manages the rental of the suites and you share in the revenue. You can read about all the ins and out of the hotel, booking requirement etc in our FAQs here.

 

Here is a link of all unit at the Hilton Whistler Resort & Spa that are currently available to purchase.

Below you can see an overview of the income you can expect from the units. Of course 2020 and 2021 were heavily impacted by the pandemic. We have included pre-pandemic number where available.

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#358 Whistler Village Inn + Suites | 4429 Sundial Place, Whistler

Whistler Village Inn + Suites

Combining a ‘walk anywhere’ location in the heart of Whistler Village with warm and friendly service, Whistler Village Inn + Suites offers an unbeatable combination of value and location. That’s why so many couples, families and groups come back time after time to experience the best of Whistler Blackcomb on their doorstep. Two  buildings (the Powder Lodge and the Keg Lodge) make up the property with a total of 87 units.

With only a small group of owners, the property has a very well organised strata council and has been following a thorough renovation and maintenance schedule. Over the past 10 years ,$5 million have been spent for repairs on both the Powder and Keg building. The building is almost fully updated, with some more interior projects scheduled for the near future.

 

Unit 358 Whistler Village Inn + Suites

Offered at $251,500 – Find more listing details here.

1 bedroom | 1 bathroom
422 sqft

This queen loft room provides an intimate bedroom loft area, a full bathroom, and a convertible sleeping space in the living area. Enjoy a cozy night in by the fire with a fully appointed kitchenette including a bar fridge, microwave oven and stove. Whistler Village Inns + Suites offers an unbeatable location right in Whistler Village. Rustic and inviting, with an authentic mountain resort feel. When not on the slopes enjoy the heated outdoor swimming pool or indoor hot tub, fitness centre or dry sauna.

This is a Phase 2 property, which means, as an owner you can use the property for 28 days in the summer and 28 days in the winter.

On-site rental management makes this an easy investment in Whistler where you can combine personal use and rental income.

 

Take a look around with this virtual walk-through:

 

Below is a recent revenue breakdown:

 

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Property Values in Whistler | Q1 & Q2 2022

What happened so far in 2022?

 

Prices soared.

Inventory slowly rising.

Sales numbers slowed in Q2.

 

Inventory – The inventory is slowly creeping up, but given the record low that we experienced recently, there are still only few options for Buyers. However, we have been seeing less multiple offers on properties and increasing days on the market.

 

Number of active listings.

Chalets

With very limited choices in the Chalet market, we saw a sharp increase in pricing in this segment at the beginning of the year. The median sales price in the first half of 2022 for Chalets was $4.2 million, that is a 28% increase compared to 2021. Leading up to the summer, we started seeing a bit of a shift with more properties coming on the market. Active listings in this segment have doubled since the beginning of the year.

Median Sales Price – Chalets in Whistler

Townhomes and Condos

Pressure exists on the Townhome market, as Buyers shift their focus. Many young families for example opt for this type of property instead of a Chalet due to affordability.

As Whistler is on its way to return to pre-pandemic levels of tourism, the hotel investment properties (Phase 2) have started to produce better levels of revenue. It remains unchanged though, that higher-end properties are more sought after, as lower tier properties may struggle with pricing due to the lack of returns. Whereas the investor that gets to stay at the Four Seasons Hotel has a different motivation than the investor that doesn’t want to check into his own investment. Whistler’s pricing has always had a lifestyle component and always will.

Thoughts on 2022

If you are selling, remember that the dramatic spike may have adjusted, but it is still the second strongest market ever in 25 years – less the pandemic insanity!

For buyers, we recommend to take advantage of the low interest rates and increasing selection for buyers. This adjustment on pricing won’t last forever. Buy now at pre-pandemic prices and you won’t be disappointed.

 

 

 

 

 

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July 2022 – Lower Mainland Monthly Update (REBGV & FVREB)

Published by Macdonald Realty.

With the 2nd lowest sales in a decade, the Vancouver RE market is taking a long-overdue summer break this year.

YTD sales are still above the 10-year average, but will likely dip below by months’ end.

The most reliable indicator of market prices is the Sales to Active Listings Ratio (SAL). This is the ratio between the number of sales in a given month and the number of active listings at month-end.

 

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Is Whistler a Sellers Market? Or Should I Buy Now in Whistler?

Is Whistler a Sellers Market? Or Should I Buy Now in Whistler?

Sharing market facts to explain pricing in a hot market and the importance of getting it right!
In times of uncertainty, I am hoping to provide clarity with market facts.
Yes, in the media it is stated that sales are down but not pricing (it is in fact up) and that is due to record low inventory!
As a Buyer don’t sit on the sidelines thinking there is a “correction” happening.
As a Seller, price right to be successful and not with a “tomorrow price” to avoid missing out.
Hope this gives you some certainty in these uncertain times.
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Hilton Whistler Resort & Spa – Investment Opportunity

The Hilton Whistler Resort & Spa is a popular investment option for many individuals that are looking to own in Whistler.

The hotel is conveniently located right near the gondolas to Whistler and Blackcomb Mountain, it offers a variety of room types, and has great facilities on offer.

What makes it unique amongst the hotel options in Whistler is its Phase 1 zoning. You can read more about zoning options in Whistler here.

In this case, it means as an owner you can use your suite for as many days of the year as you want (depending on availability). Other hotels in Whistler that are zoned as Phase 2, restrict the owner usage to 28 days in the winter and 28 days in the summer.

If you chose to stay in your suite, there is a daily fee to be paid per night. When you are not staying, the hotel manages the rental of the suites and you share in the revenue. You can read about all the ins and out of the hotel, booking requirement etc in our FAQs here.

 

Here is a link of all unit at the Hilton Whistler Resort & Spa that are currently available to purchase.

Below you can see an overview of the income you can expect from the units. Of course 2020 and 2021 were heavily impacted by the pandemic. We have included pre-pandemic number where available.

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May 2022 – Lower Mainland Monthly Update (REBGV & FVREB)

Originally posted by Macdonald Realty.

 

The most reliable indicator of market prices is the Sales to Active Listings Ratio (SAL). This is the ratio between the number of sales in a given month and the number of active listings at month-end.

In hotter markets in BC, a long-term analysis has shown that prices will usually act in the following ways:

  • 7+ Months of Inventory (Under 14% SAL): Prices will likely DECLINE
  • 5 – 7 Months of Inventory (14% – 18% SAL): Prices will likely be STABLE
  • Less than 5.5 Months of Inventory (Over 18% SAL): Prices will likely RISE

Visit this link to learn more about house prices and inventory.

Sales

Sales have moderated in April and are now at the 10-year average (4,869 sales in April vs 4,969 average).

Cumulative Year-to-date Sales

Year-to-Date, we are still 20% above the 10-year average (20,636 sales vs 16,997 average).

Inventory

Inventory in April is no longer the lowest on record, but is still 25% below the 10-year average (14,183 listings vs 19,466 average).

Sales to Active Listings

SAL has dropped from 56% in March to 34% in April. Typically, a SAL of 34% would indicate rising prices, but given the trajectory, it likely means moderating prices.

Months of Inventory

Similarly to SAL, MOI has grown from 1.8 months to 2.9 months (a balanced market is 5.5 – 6.5 months), indicating a still tight, but moderating market.

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Spring Market Update | Real Estate in Whistler

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Luxury Real Estate in Whistler 2022

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What did the Luxury Real Estate Market look like in Whistler pre- and post-pandemic?

It is very interesting to note that prior to the pandemic a luxury buyer was considered mostly non-resident; being US, Hong Kong, or Expats living abroad. On average there were around 10 sales per year over $5 million in Whistler. This clientele was very image focused, all about the nanny, chauffeur drivers, private lessons and who’s who.

It surprised the world that the luxury market took off in Canada during the pandemic. At the time there were 1 million Canadians living overseas and it seems they’ve all headed home to Canada and are excited about living in Whistler.

We saw luxury sales surpassed 25 transactions over $5 million and hit record sales prices on multiple properties climbing close to $20 million. If you also factor in the custom built mansions, it is possible to see investments in this segment of the market being valued at close to $40 million.

Given the demands on the local construction industry to meet the needs of this homeowner and the mega mansions, it is no surprise you can’t find somebody to fix your leaky faucet.

The fact remains that Canadians are staying closer to home. In my opinion Whistler has always been the Switzerland of North America. Buyers seek a community that is safe, healthy, and offers a lot of vertical ski terrain. Now the Canadians from “Onthorrible” aka Ontario can move here and work remotely. Turns out there is a lot of wealthy Canadians that made a lot of money in the tech boom that happened during Covid. But for many, regardless of how their wealth was accumulated or which province they came from, the dream of being part of a community and the benefit of a four-season resort has a lot of appeal. The luxury buyer today has lots of money but is more typically Canadian with their polite humble approach. Less afraid to stand in a ski line and the burning desire to try and make Whistler the Aspens of Canada less of their agenda.

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Monday Morning Buzz | New and Sold Listings from the last 7 days | February 14

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To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.

If you are interested in any of the properties or have any other questions, always feel free to contact us!

7 Day New Listing

7 Day Sold Listings

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Monday Morning Buzz | New and Sold Listings from the last 7 days | February 7

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To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.

If you are interested in any of the properties or have any other questions, always feel free to contact us!

7 Day New Listing

7 Day Sold Listings

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Property Values in Whistler

What happened in 2021?

Demand constant.

Prices soared.

Time-on-market shrunk.

Inventory evaporated.

We are sure you have heard a lot about the Whistler Real Estate market over the last year.

The inventory is low, the prices are breaking records, “it’s a good time to sell…” but what does that mean, and is it really a good time to sell?

The assessed value in Whistler for 2021 was up by 25% over the previous year. Of course, we can mostly contribute these market conditions to the ongoing pandemic. Low interest rates had a big impact, as well as a shift in peoples’ preference to move out of bigger cities and more opportunities to work remotely.

We have also seen a change in peoples’ desire to downsize. Many baby boomers chose to not downsize, but rather look for bigger homes to accommodate more family members. Alternatively, if they do move out of their single-family properties, they downsize to townhomes, rather than choosing retirement homes.

There has been a significant shift in buyer demographics, with around 95% of Buyers in Whistler were from Canada. Previous years had seen up to 25% international Buyers.

Inventory – The inventory is in fact very low and has been steadily decreasing since mid 2020. With few options for Buyers, we often see multiple offers on properties within days of being on the market. Also, Sellers might set a certain date when they accept offers. This leads to an auction type situation, where Buyers offer prices above asking. This leads to ever increasing property prices.


Chalets

Buyer demands have not changed on the basics: location, quality, and well-run, family friendly places to live.
Changes that the last few years brought, like remote work and the accompanying frustration and stress of being in the home a lot continues to play a significant role in the purchase decision process.
Buyers that are seeking Chalets (single family properties) in the Whistler market are looking for more space in their home to accommodate office space.
They are moving out of cities and seeking communities with recreational lifestyle to balance the work-from-home situation.
The desire for unique living experiences brings a lot of new residents to Whistler.

Townhomes and Condos

While the prices for townhomes have not increase as drastically as the Chalet prices, the market pressure will be the highest in this segment due to the affordability, and a lot of baby boomers looking to downsize and age in home, rather than move to retirement accommodation.

We expect the hotel investment properties (Phase 2) to jump in pricing for the high-end quality brands. Possibly the lower tier properties may struggle with pricing due to the lack of returns. Whereas the investor that gets to stay at the Four Seasons Hotel has a different motivation than the investor that doesn’t want to check into his own investment. Whistler’s pricing has always had a lifestyle component and always will.

Thoughts on 2022

No selection for
Buyers.

Be strategic to be
competitive.

Outside the box thinking
required.

The biggest challenge will continue to be no selection for Buyers, and higher prices will cement into a long-term outlook and continue to increase.

As a Buyer, early engagement to select properties, whether they are listed or not, is key. Nowadays, waiting for something to actually come on the market possibly puts the Buyer in the disadvantageous position of being too late. That’s why we have implemented a five star creative strategy to help our clients. Buyers will need to be strategic to be competitive.

If Sellers are leaving Whistler, it’ll be smooth sailing with lots of equity in their pockets to pursue their next adventure. If coupled with considering high selling prices and the political climate, it is possibly the best timing ever. Our government has made several threats of the tax landscape changing for property owners.

If you are considering moving within Whistler, reach out to us as we will need to have strategies in place to negotiate the logistics and complications mostly due to cash flow and timing between acquiring and selling properties. Again, it is a time in the market when thinking “outside the box” is required for successfully moving hassle free.

We can expect the local community to change, however as many hard-working locals that have been here for decades get lured into cash out and focus on the retirement.

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We Offer All The Real Estate Services You Need

Now with Whistler Real Estate Company, Shauna offers local expertise and personalized service backed by a respected real estate agency with more than 45 years of experience serving Whistler, Pemberton, and the Sea to Sky market.

About Shauna

As an agent with Whistler Real Estate Company, Shauna O’Callaghan, works locally on a national scale. Shauna’s excellent reputation is the result of unparalleled respect for clients and market smarts.

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