Marion Anderson

Market Update

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Estimated reading time: 3 minutes

In October, there were 90 new listings and 53 sales in the Whistler market, with an inventory of 294.
The market type varied: houses leaned towards buyers, while townhouses and condos showed a balanced market.
The HPI declined significantly from the COVID peak, with houses down 15%, townhomes down 6%, and condos down 20%.
New listings have consistently outpaced sales over the past two years, increasing inventory and putting downward pressure on prices.
For more detailed statistics, visit the Market Update page on the website.

Estimated reading time: 3 minutes

Home » Archives for Marion Anderson

All strata corporations with 5 or more lots must complete an Electrical Planning Report by December 31, 2028.
A qualified electrical professional must conduct the report, funded by the Contingency Reserve Fund
Strata corporations will vote at the AGM to approve the funds for the EPR, requiring a 3/4 vote majority.
The introduction of the EPR responds to increased power demands and the need for high-speed EV charging stations.
Future planning reports may focus on plumbing and water supply concerns.

Estimated reading time: 2 minutes

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Short-term rental hosts in BC must display a valid business licence number on advertisments to comply with the BC Registry.
The Short-Term Rental Accommodations Act was introduced in 2025 to help municipalities regulate short-term rentals.
Registration in the BC program costs $600 per year, while Whistler’s nightly rental business license costs $250 per year.
Whistler’s regulation has been in place since 2017. To avoid fines, nightly rentals require a business licence.

Estimated reading time: 4 minutes

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Financing a house build in Whistler involves buying land and covering construction costs before receiving loan funds.
Borrowers must inject their funds into the project before the lender releases borrowed money; the lender controls the draw process.
Non-residents can obtain a mortgage in Canada, but specialized construction financing is often required.
Borrowers must cover any construction cost overruns with their own funds, as loans can’t easily increase mid-flow.
Getting the right local builder and mortgage broker can ensure a smoother financing experience in Whistler.

Estimated reading time: 2 minutes

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Phase 2 properties are condo-hotels that allow 56 days of personal use.
When you are not using your phase 2 condo, it must be in the rental pool.
Buyers do pay GST on the purchase of a phase 2 hotel-condo,
The GST on the purchase of a phase 2 condo hotel unit is deferred by applying for a GST number.
Investors prefer Phase 2 properties due to lower listing prices compared to residential or Phase 1 rentals.