Whistler Real Estate Blog - Home Buying

Bank of Canada Interest Rate Increase

Bank of Canada Interest Rate Announcement

July 12, 2023

The Bank of Canada raised its overnight rate by 25 basis points to 5 per cent this morning. In the statement accompanying the decision, the Bank noted that the Canadian economy has been stronger than expected but is expected slow as higher interest rate work their way through the economy.  On inflation, the Bank cited the recent easing of inflation to 3.4 per cent but also noted that core inflation continues to run a at 3 to 4 per cent pace and has been more persistent than anticipated.  The Bank now forecasts a return to its 2 per cent target in mid-2025 rather than in 2024. 

While inflation has come down significantly in the past year, the economy seems somewhat impervious to the Bank's…

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New 2 Bedroom Suite Westin Resort & Spa

781/782 Westin Resort & Spa, Whistler

2 bedroom suites in the Westin Resort & Spa Whistler rarely come up for sale.

781/782 are a rare gem, offering a connecting studio and one-bedroom suite over 876 sf with stunning views of Whistler Village surrounded by mountains. This suite boasts two kitchens, two bathrooms, king & sofa bed on the studio side, Queen & sofa bed on the one bedroom side. Use one and lock off the other.

Enjoy the indoor and outdoor pool, fitness center, private spa, sauna, steam room, and the on-site restaurants & retail.

This suite is an ideal property investment and lifestyle choice.

Don't let this chance slip away to own a slice of Whistler's luxury and beauty at the Westin Resort & Spa.

Review the 3D…

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Still Available: 38 Blackcomb Greens

View 3D walk through tour

Click on the image ⬆️⬆️ to view the 3D walk-through tour of 38 Blackcomb Greens.  A stunning golf course side 3 bedroom 2 bathroom 1530 sf townhome listed for sale at $3,000,000CAD.

Download a detailed package including excellent revenue history HERE

Or call me to view this property.  1-604-902-2033

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3 Bedroom Golf Course Townhome

HOT NEW LISTING.  3 Bedroom townhome at Blackcomb Greens - a golf course development.

Click in the image above or HERE to watch a video on the surrounding areas and interior of 38 Blackcomb Greens.

Let's face it: Whistler is a magical place. It's just one of those places that has that vibe—the kind of place where you're always happy and relaxed, even when you're working hard. And this townhome at 38-4644 Blackcomb Way, Blackcomb Greens is the perfect place to soak up all of that magic.

This 3-bedroom, 2 bathroom 1530 sf renovated townhome is fully furnished, move-in ready, has vaulted ceilings and big windows, so the light and the views are spectacular.   Did you come to Whistler when you were young and want to introduce your family to…

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Coming Soon Properties

WATCH THIS VIDEO

Coming soon - prices available when listing goes live!

• 38 Blackcomb Greens 4644 Blackcomb Way, 3 bedrooms, 2 bathrooms, 1530 sf townhome.
• 634A Legends 2036 London Lane, Whistler Creek. 1 bedroom & den, 1/4 share.
• 8179 Idylwood Place, Alpine Meadows. 5 bedroom home.

Still Available:

• 249 Blackcomb springs, 1 bedroom slopeside condo. $575,000.
• 211G3 Horstman House, 2 bedroom, 1/4 share. New Price $339,000.

Call me for more details 604-902-2033

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Buy A Whistler Condo for Summer

Buy a Whistler Condo in Time for Summer Invest in Your Family's Lifestyle

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Can foreigners buy property in Whistler?

Can Foreigners (non-residents of Canada) Buy Property in Whistler?

YES!

There is no restriction on who can buy a property in Whistler.   The 2 year restriction for foreign buyers are related to towns with larger populations and Whistler is still a small town!  Did you know that our population is just under 14,000 full time residents and approximately 10,000 more of second home owners?  We can host up to 60,000 people at prime tourism seasons (including our regular population).

Based on the 2021 census information, Whistler is not located within a "Census Metropolitan Area" nor a "Census Agglomeration" - both of which are populations of more than 100,000.

If you would like to read the actual legislation, here's the link.  Click HERE

Denise

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Is buying a property in Whistler a good investment?

Is Buying A Property in Whistler a Good Investment?

Buying a property in Whistler can be a good investment for several reasons.

Whistler is a world-renowned destination for winter sports such as skiing and snowboarding, and also offers a range of summer activities like golfing, hiking, and mountain biking. This makes it a highly attractive location for people looking to own a vacation property or a rental property to capitalize on the strong demand for short-term rentals.

Whistler has a limited supply of housing due to strict zoning regulations and environmental protections, which can create a strong market for real estate. The demand for properties in Whistler has historically outpaced the supply, which has led to an increase…

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What is the average price of Whistler quarter share condos and townhomes?

Whistler Quarter Share Condos and Townhomes Market Update

3 Year Market Comparison

• Average List Price and Average Sale Price
• Average days on the market i.e., average days to sell a home in Whistler
• The number of Whistler quarter share condos and townhomes sold each year
• 2021, 2022 and year to date 2023

To find out more contact me for detailed information https://www.whistler-realestate.ca/contact

 Denise

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What is the average sale price of a Whistler phase 2 hotel suite?

Whistler Phase 2 Hotel Suites Market Update

3 Year Market Comparison

• Average List Price and Average Sale Price
• Average days on the market i.e., average days to sell a home in Whistler
• The number of phase 2 hotel suites sold each year
• 2021, 2022 and year to date 2023

To find out more contact me for detailed information https://www.whistler-realestate.ca/contact

 Denise

291 Views, 0 Comments