Category: Legal and Financial

There are two components to financing a house build in Whistler, #1 the cost of buying the vacant land or land with a tear-down house on it, and #2 determining the construction cost of the build.

In Canada the borrower does not receive a lump sum from the lender in advance of the construction. The borrower must inject all their funds into the project before the lender will release the borrowed funds. The lender controls the draws ensuring the build has enough money to complete at every draw. Based on the budget any overruns need to be covered by your own funds, as the loan cannot easily be increased mid-flow.

Let’s talk sales. In May of 2022, Whistler recorded 168 listings and 51 sales. Low inventory was the topic of the day.

In May 2024 there were 336 listings and 46 sales. In May 2025 there were 319 listings and 45 sales.

So, in summary when you look at the month of May, since COVID, Whistler has seen the inventory double and only 10% fewer sales.

Greater Vancouver is reporting a 19% drop in sales for May 2025 over the previous year, stating that the sales are more in line with May 2019 and 2020 numbers.

So Whistler is on trend with last year and it looks like the increase in inventory has saved the Whistler market from dropping to the levels of the 12 sales recorded in May of 2020.