With Donald Trump’s proposed 25% tariffs on Canadian goods back in the spotlight, industries like energy, auto manufacturing, and steel are bracing for major disruptions. But beyond trade and economics, these tariffs could have ripple effects on real estate markets, investment opportunities, and long-term property values—especially in cities tied to affected industries.

### Who’s at Risk?

The Canadian Chamber of Commerce highlights several cities that could see economic slowdowns, which may influence housing demand, commercial real estate, and local investment:

- Calgary, AB & Saint John, NB – Dependent on oil exports, these cities face uncertainty as tariffs shake energy markets.

- Windsor, Kitchener-Waterloo, & Hamilton, ON – With auto and steel manufacturing under pressure, job security could impact housing prices.

- British Columbia’s Lumber Towns – If U.S. tariffs on softwood lumber exceed 50%, cities like Kamloops and Nanaimo could experience economic strain.

### Real Estate: Risk or Opportunity?

Economic uncertainty often shifts real estate dynamics, creating both risks and strategic investment opportunities. Investors and buyers should consider:

✅ Market Resilience – Some cities will see short-term price softening, creating a buyer’s advantage before stabilization.

✅ Luxury Market Impact – High-net-worth individuals may shift investment from trade-heavy regions to stable, high-demand resort areas.

✅ Rental Demand Changes – Economic shifts influence rental markets, short-term investment opportunities, and long-term growth strategies.

### Navigating the Uncertainty

While the economic outlook remains fluid, staying informed and positioning investments strategically can lead to smart real estate decisions. If you’re considering buying, selling, or investing in Whistler or other key markets, I’d be happy to provide insights tailored to your goals.

Let’s connect—whether over a coffee or a quick ski lap—to discuss how market shifts could work in your favor.

Dreaming of Owning a Vacation Home in Whistler That Also Generates Income?

Whistler is one of the most sought-after ski destinations in the world, drawing millions of visitors year-round. Owning a vacation rental here isn’t just about having a personal getaway—it’s also a smart investment that can generate significant income. But before you buy, there are key factors to consider.

1. Best Neighborhoods for Rental Properties

Not all areas in Whistler are created equal when it comes to short-term rental potential. Here’s where to look:

📍 Whistler Village & Blackcomb – The heart of the action, steps from gondolas, restaurants, and nightlife. High occupancy rates but premium pricing.

📍 Creekside – A quieter alternative with its own gondola and a strong rental market. Great for families and those seeking a laid-back vibe.

📍 Benchlands (Upper Village) – Ski-in/ski-out luxury townhomes and condos, close to Blackcomb Gondola. Popular with high-end travelers.

📍 Nordic, Alpine Meadows, and Bayshores – More affordable detached homes and townhomes. Ideal for long-term rentals or buyers who want more space.

📍 Whistler Cay Heights & Nicklaus North – Residential-style properties with scenic views. Ideal for luxury buyers but less suited for short-term rentals.

✅ Pro Tip: Properties zoned for tourist accommodation (like in the Village, Blackcomb, and Creekside) allow legal short-term rentals.

2. Managing Short-Term Rentals: DIY vs. Property Management

Once you own a vacation rental, how you manage it impacts your revenue and stress levels.

🔹 Self-Managed (Airbnb, VRBO, Direct Bookings)

• Higher profit margins (no management fees).

• More hands-on (guest communication, cleaning, maintenance).

• Ideal if you live nearby or hire a local contact.

🔹 Professional Property Management

• Full-service, from marketing to guest support.

• Charges 20-40% of revenue.

• Best for absentee owners or those who prefer passive income.

✅ Pro Tip: Many successful owners use a hybrid model—self-managing during peak seasons and using a property manager for the off-season.

3. What Guests Look for in a Rental Property

To maximize bookings and nightly rates, your property needs to stand out. Guests prioritize:

🏔 Location & Ski Access – Walking distance to lifts is a major plus.

🛏 Comfortable Sleeping Arrangements – King-sized beds, bunk rooms for families, and extra sleeping options increase appeal.

🔥 Luxury Touches – Hot tubs, fireplaces, and high-end kitchens boost desirability.

📶 Fast Wi-Fi & Streaming Services – Essential for remote workers and families.

🚗 Parking & Storage – Secure ski/bike storage and free parking are major perks.

✅ Pro Tip: Read guest reviews on competing rentals to see what travelers love (or complain about).

4. Zoning, Licensing, and Tax Considerations

Buying a vacation rental isn’t just about the property—you need to navigate local regulations.

📜 Short-Term Rental Zoning

• Only properties in designated tourist accommodation zones allow nightly rentals.

• Single-family homes often cannot be rented short-term (unless grandfathered in).

📋 Business Licenses & Regulations

• Whistler requires short-term rental owners to register and obtain a business license.

• Noise, parking, and guest limits must be followed to avoid fines.

💰 Taxes & Financial Considerations

• GST (Goods and Services Tax): Some vacation rentals are subject to GST on resale.

• Income Tax: Rental income is taxable in Canada (foreign owners must file taxes).

• Speculation & Vacancy Tax: Whistler is exempt, making it more attractive for investors.

✅ Pro Tip: Work with a real estate agent and tax advisor to ensure compliance and avoid unexpected costs.

Is Buying a Vacation Rental in Whistler Right for You?

Whistler’s rental market remains strong, with high occupancy rates and year-round demand. Whether you’re looking for a profitable investment or a vacation home that pays for itself, the right property can offer both financial and lifestyle benefits.

📩 Want a list of top-performing rental properties? Let’s connect and find the best investment for you!

#WhistlerRealEstate #WhistlerHomes #WhistlerProperties #WhistlerLuxuryRealEstate #WhistlerInvestments #WhistlerVacationHome #WhistlerPropertyForSale #WhistlerRealtor #WhistlerHomeBuyers #WhistlerListings #WhistlerRentalProperty #WhistlerAirbnb #WhistlerVacationRental #WhistlerRentalIncome #WhistlerInvestment #WhistlerPassiveIncome #WhistlerShortTermRental #WhistlerRealEstateInvestor #WhistlerPropertyManagement#WhistlerLife #LiveInWhistler #MoveToWhistler #WhistlerDreamHome #WhistlerViews #WhistlerLuxuryLiving #SkiInSkiOut #WhistlerMountainHomes #WhistlerBC #WhistlerVibes #WhistlerLiving #WhistlerLove #WhistlerSki #WhistlerBuyers #WhistlerCanada #WhistlerLuxury #ExploreWhistler

How Does Whistler Compare to Aspen, Vail, and Niseko?

For ski enthusiasts and real estate investors, owning property in a world-class mountain town is a dream. But with luxury ski destinations like Aspen, Vail, and Niseko also attracting buyers, how does Whistler measure up? Let’s compare the key factors that matter most when investing in ski resort real estate.

1. Skiable Terrain: Whistler Reigns Supreme

When it comes to ski terrain, Whistler Blackcomb dominates the competition:

🏆 Whistler Advantage:

• Largest skiable terrain in North America (over 50% more than Vail!).

• 5,280 feet vertical drop—one of the highest in the world.

• Year-round glacier skiing and a thriving summer biking scene.

For buyers who prioritize access to world-class skiing, Whistler is unmatched.

2. Real Estate Prices: Whistler Offers More for Less

Luxury ski town real estate comes at a premium, but Whistler still offers strong value:

🏆 Whistler Advantage:

• More affordable entry point than Aspen or Vail.

• Strong market appreciation potential with continued international demand.

3. Accessibility: Easy to Reach, Hard to Leave

Ease of access is crucial for vacation home buyers and rental income potential.

📍 Whistler, BC: 2-hour scenic drive from Vancouver International Airport (YVR), which has direct flights from major global cities like New York, London, Tokyo, and Sydney.
📍 Aspen & Vail, CO: Both require connecting flights or long drives from Denver International Airport (DEN).
📍 Niseko, Japan: Requires an international flight to Sapporo, followed by a 2-3 hour transfer.

🏆 Whistler Advantage:

• No connecting flights required—just fly into Vancouver and drive.

• Easier logistics = more consistent rental demand.

4. Rental Market: Year-Round Income Potential

Investors want strong rental returns. Here’s how Whistler stacks up:

📊 Whistler:
✅ Peak season nightly rates: $400–$1,200+
✅ High occupancy year-round (skiing in winter, mountain biking & festivals in summer).
✅ Short-term rentals allowed in many zones.

📊 Aspen & Vail:
✔ Strong winter demand but limited summer rentals.
✔ Stricter short-term rental regulations.

📊 Niseko:
✔ Lower nightly rates than Whistler or Aspen.
✔ Winter-dependent rental income—summers are still developing.

🏆 Whistler Advantage:

• Four-season rental demand keeps occupancy rates high year-round.

• Thriving summer economy (bike park, golf, hiking, and events).

5. Investment Potential: Whistler's Growth Continues

Whistler’s market remains highly competitive, with long-term appreciation and limited supply.

🏡 Whistler's detached home prices are projected to rise by 9% in 2025. (BIV)

🏡 Niseko property values have risen over 300% in 20 years, but prices remain lower than Whistler’s.

🏡 Aspen & Vail have reached ultra-luxury price levels, limiting buyer demand.

🏆 Whistler Advantage:

• Market still has room for growth compared to saturated U.S. resorts.

• No foreign buyer ban on recreational properties, unlike some BC cities.

• Exempt from BC’s Speculation & Vacancy Tax, making it attractive for investors.

Final Verdict: Whistler Offers the Best Balance

For buyers looking for the ultimate combination of ski terrain, investment value, rental potential, and accessibility, Whistler leads the pack.

✔ Biggest ski resort in North America with the best variety of terrain.
✔ Stronger rental market than Aspen, Vail, or Niseko.
✔ More affordable than U.S. counterparts, with high appreciation potential.
✔ Easier to access than other top-tier resorts.

Thinking about buying in Whistler? Let’s chat and find the perfect property for your lifestyle and investment goals.

#WhistlerRealEstate #WhistlerHomes #WhistlerProperties #WhistlerLuxuryRealEstate #WhistlerInvestments #WhistlerVacationHome #WhistlerPropertyForSale #WhistlerRealtor #WhistlerHomeBuyers #WhistlerListings #WhistlerRentalProperty #WhistlerAirbnb #WhistlerVacationRental #WhistlerRentalIncome #WhistlerInvestment #WhistlerPassiveIncome #WhistlerShortTermRental #WhistlerRealEstateInvestor #WhistlerPropertyManagement#WhistlerLife #LiveInWhistler #MoveToWhistler #WhistlerDreamHome #WhistlerViews #WhistlerLuxuryLiving #SkiInSkiOut #WhistlerMountainHomes #WhistlerBC #WhistlerVibes #WhistlerLiving #WhistlerLove #WhistlerSki #WhistlerBuyers #WhistlerCanada #WhistlerLuxury #ExploreWhistler

Whistler’s Market in 2025: Is It Still a Smart Investment?

Whistler has long been a premier destination for outdoor enthusiasts and real estate investors alike. With its world-class ski terrain, vibrant village, and year-round appeal, it’s no surprise that Whistler’s property market has remained strong even through economic fluctuations. But is now still a good time to buy? Let’s break it down.

1. Market Trends: Where Are Prices Going?

The Whistler real estate market has seen consistent demand, driven by both local and international buyers. While the market experienced rapid growth post-pandemic, recent years have brought a stabilization of prices. According to recent data:
✅ Detached home prices remain strong, with limited inventory driving competition.
✅ Townhomes and condos, particularly in rental-friendly zones, are seeing continued interest from investors.
✅ High-end luxury properties are attracting foreign buyers, despite international tax considerations.

For those looking for long-term appreciation, Whistler’s market fundamentals remain solid, with demand consistently outpacing supply.

2. Short-Term vs. Long-Term Investment Benefits

Whistler offers unique investment opportunities depending on your goals:
🔹 Short-term vacation rentals: With limited hotel options and strong tourism demand, short-term rentals in designated zones can yield high nightly rates, especially during peak seasons.
🔹 Long-term appreciation: Whistler’s real estate market has shown steady appreciation over decades, making it a safe long-term hold.
🔹 Lifestyle benefits: Unlike purely financial investments, owning in Whistler provides access to a world-class resort lifestyle—skiing, biking, and a vibrant community atmosphere.

3. Vacation Rental Potential: Maximizing ROI

Investors looking to generate income through short-term rentals should consider:
📍 Best areas for rental income – Properties in Whistler Village, Blackcomb, and Creekside tend to have the highest rental demand.
📊 Occupancy rates & pricing – Nightly rental rates can exceed $400 in peak season, with well-managed properties achieving strong occupancy rates year-round.
🛎 Management options – Hiring a local property management company can streamline operations, but DIY management is an option for those willing to be hands-on.

4. Key Tax Considerations & Foreign Investment Rules

Recent changes in Canadian real estate policies have impacted foreign buyers, including:
⚖ Foreign buyer restrictions – Canada implemented temporary restrictions on foreign purchases, though exemptions exist for recreational properties like Whistler.
📜 BC’s Speculation & Vacancy Tax – Whistler is exempt, making it more attractive to investors compared to other BC regions.
💰 GST & Capital Gains – Properties in nightly rental pools may be subject to GST, and capital gains taxes apply on resale.

Navigating these details is crucial—working with a local real estate expert can help ensure you’re making a well-informed investment.

Is Whistler Real Estate Still a Good Investment?

✅ Yes—if you’re buying for the right reasons.
Whistler remains a strong market with high demand, limited inventory, and excellent rental potential. Whether you’re looking for a lifestyle property, a rental investment, or long-term appreciation, opportunities still exist for savvy buyers.

Thinking about investing? Let’s chat about your options! Whether you're looking for a high-yield vacation rental or a second home in the mountains, I can help you find the perfect property. Reach out today for a personalized market analysis.

#WhistlerRealEstate #WhistlerHomes #WhistlerProperties #WhistlerLuxuryRealEstate #WhistlerInvestments #WhistlerVacationHome #WhistlerPropertyForSale #WhistlerRealtor #WhistlerHomeBuyers #WhistlerListings #WhistlerRentalProperty #WhistlerAirbnb #WhistlerVacationRental #WhistlerRentalIncome #WhistlerInvestment #WhistlerPassiveIncome #WhistlerShortTermRental #WhistlerRealEstateInvestor #WhistlerPropertyManagement#WhistlerLife #LiveInWhistler #MoveToWhistler #WhistlerDreamHome #WhistlerViews #WhistlerLuxuryLiving #SkiInSkiOut #WhistlerMountainHomes #WhistlerBC #WhistlerVibes #WhistlerLiving #WhistlerLove #WhistlerSki #WhistlerBuyers #WhistlerCanada #WhistlerLuxury #ExploreWhistler

When purchasing a property, buyers must account for various costs beyond the purchase price. These expenses can vary depending on location, property type, and whether the buyer is a resident or non-resident. Below is a breakdown of the common fees associated with buying a property, particularly in Whistler, Canada.

### Mortgage-Related Expenses

1. Legal Fees for Mortgage Processing – Costs for a lawyer or notary to process mortgage documents.

2. Property Appraisal (if required) – An assessment to determine the fair market value of the property.

3. Land Title Registration Fees – Charges for registering the mortgage with the land title office.

4. Fire Insurance Premium – Insurance coverage required by lenders to protect against potential property damage.

### Legal and Professional Fees

1. Lawyer or Notary Fees – These include:

- Conducting a title search

- Investigating property ownership and any legal encumbrances

- Drafting and reviewing legal documents

- Facilitating land title registration

### Taxes and Government Fees

1. Goods and Services Tax (GST) – A 5% tax applied to newly constructed properties and properties used for short-term rentals.

2. Property Transfer Tax – A provincial tax calculated as follows:

- 1% on the first $200,000

- 2% on amounts above $200,000 up to $2,000,000

- 3% on amounts exceeding $2,000,000

3. Property Tax Adjustment – Covers the prorated property taxes from the date of purchase.

### Additional Costs for Strata Properties

1. Strata Maintenance Fees – Monthly charges for upkeep of common areas in condominiums and strata complexes.

2. Special Assessments – Additional fees levied by the Strata Corporation for major repairs or unforeseen expenses.

### Tourism Whistler Assessment Fees

- Applicable to properties located in designated “Town Centre” areas.

- Fees are determined based on the number of bed units.

- Buyers using the property exclusively for personal use (not rented for more than 14 days per year) may qualify for a reduced rate.

### Insurance Considerations

1. Home Insurance – Required for single-family homes to cover property and liability risks.

2. Strata Insurance – Covers shared property risks, but owners should obtain personal contents and liability insurance.

### Key Considerations for Non-Residents

If you are a non-resident purchasing property in Canada, additional requirements apply:

1. Withholding Tax on Rental Income –

- Non-residents earning rental income must pay a 25% withholding tax to the Canada Revenue Agency (CRA).

- Filing an NR6 form may reduce this obligation if projected rental income is lower than expenses.

2. Execution of Mortgage Documents –

- Mortgage documents must be signed in person before a notary public and couriered back to Canada.

- Fax and email transmissions are not accepted.

3. Methods of Payment –

- Opening a Canadian bank account is recommended for easier transaction processing.

- Payments must be made in Canadian funds via certified cheque, bank draft, or wire transfer.

- Exchange rates fluctuate, so it is advisable to check rates before the transaction’s completion date.

### Importance of Meeting Completion Deadlines

In British Columbia, timely completion of the purchase transaction is crucial. If the funds are not transferred by the agreed completion date, the seller has the right to cancel the contract and retain the buyer’s deposit.

### Final Thoughts

Buying a property involves various costs and considerations, particularly for non-residents. It is essential to plan ahead, understand all associated fees, and work with experienced real estate professionals to ensure a smooth transaction.

#WhistlerRealEstate #BuyInWhistler #WhistlerHomes #KyokoHamazakiRealtor #WhistlerLuxuryHomes #InvestInWhistler #BCRealEstate #WhistlerRealtor

What is GST?
The goods and services tax (GST) is a value-added tax that Canada introduced on January 1, 1991. It adds 5% to most goods and services you buy in Canada, though some items are either exempt or “zero-rated.”

Who Pays the GST?
Generally, GST is included in the price of taxable items and services, meaning the buyer usually pays it. However, sellers are responsible for collecting the GST and remitting it to the government. Certain groups, such as First Nations citizens and some provincial or territorial governments, may not have to pay GST on certain transactions.

GST on New Builds
When you buy a newly built home, condo, or townhouse, GST applies to the entire purchase price—including the land. If you intend to live in the home as your primary residence, you might be eligible for a partial GST rebate, depending on the price. But if you’re buying the property as a rental investment, the full 5% GST is added.

GST on Resale Properties
For most resale properties, a special exemption called “Used Residential Real Estate” applies. This means that if the property has already been used for residential purposes (whether by an owner or a long-term tenant), the seller can claim the exemption. As a result, GST is not added to the sale price. This exemption is common in many real estate transactions, particularly in regions like British Columbia.

GST on Nightly Rental Properties
Properties used for short-term or nightly rentals are considered commercial, so they don’t qualify for the “Used Residential Housing” exemption. Sellers must charge GST on these sales. However, investors can often register for GST and claim a “Capital Acquisition Input Tax Credit” to cover this cost, meaning they don’t have to pay an extra 5% upfront. Although sometimes called “deferring the GST,” this is just a method of offsetting the tax rather than an actual delay in payment.

GST in Real Estate Transactions
GST also applies to many services related to real estate deals. For example, the 5% GST on real estate commissions is typically paid by the seller. Additional services such as inspections and legal fees are also subject to GST.

Final Thoughts
Because GST rules can be complex and vary depending on your situation, it’s wise to consult with a professional tax accountant to ensure you understand your obligations and potential rebates.

#GSTExplained #PropertyPurchase #RealEstateTaxTips #HomeBuyingGuide #SmartInvesting #NewBuildTax
#ResaleHomes #TaxSavings #RealEstateAdvice #WhistlerRealEstate #WhistlerHomes #MountainLiving #LuxuryWhistler #WhistlerLifestyle #BCRealEstate #SkiTownLiving #WhistlerProperties #AlpineLiving #InvestInWhistler

If you’re ready to buy a home, you’ve likely been keeping an eye on mortgage rates. A quick online search for “best mortgage rates in Canada” will pull up a long list of lenders and brokers, but securing the lowest rate isn’t just about what’s advertised—it’s about what you qualify for.

In this guide, we’ll break down everything you need to know about mortgage rates in Canada, from understanding key terms to improving your financial standing to secure the best possible deal.

What is a Mortgage?

A mortgage is a loan that helps you purchase a home. Unless you’re paying in full with cash, you’ll need to put down a percentage of the home’s price as a down payment and borrow the rest from a lender.

Mortgage Terms & Amortization

• Mortgage Term: The length of your contract with the lender, typically ranging from six months to five years or more.

• Amortization Period: The total length of time to fully pay off your mortgage, typically up to 30 years.

What is a Mortgage Rate?

Your mortgage interest rate determines how much you’ll pay in interest over the life of your loan. This rate depends on several factors, including your credit score, loan amount, and down payment.

10 Tips for Securing the Best Mortgage Rate in Canada

1. Research different types of mortgages.

2. Lower your debt-to-income ratio.

3. Improve your credit score.

4. Show a stable employment history.

5. Save for a larger down payment.

6. Have cash reserves available.

7. Keep an eye on interest rate trends.

8. Understand the difference between high- and low-ratio mortgages.

9. Compare multiple lenders.

10. Consider working with a mortgage broker.

Securing the best mortgage rate can save you tens of thousands of dollars over time. By following these tips, you’ll be in the best position to get the lowest possible rate and start your homeownership journey with confidence.

The Bank of Canada just lowered its benchmark interest rate to 3.0%, marking the sixth consecutive cut—but this time by only 25 basis points instead of the previous 50. While this could mean lower borrowing costs for buyers, uncertainty looms with potential U.S. tariffs on Canadian goods.

Will rates continue to drop? How will the market respond? Stay informed and reach out to discuss how this affects your real estate goals!

#KyokoHamazaki #WhistlerRealtor #RealEstateMarket #InterestRates #BankOfCanada #HomeBuying #MortgageRates #WhistlerRealEstate

The real estate market in British Columbia has always been dynamic, but with new changes on the horizon, it’s essential to understand how upcoming regulations may affect home sellers. Starting January 1, 2025, a new tax, the BC Home Flipping Tax, will be implemented for individuals looking to sell properties in the province—especially those who may have only recently purchased their home.

If you're planning on buying, selling, or investing in real estate in BC, it's crucial to be aware of how this tax could impact your financial situation. Here’s a breakdown of what the BC Home Flipping Tax is, who it affects, and what you need to know to navigate this change.

### What is the BC Home Flipping Tax?

The BC Home Flipping Tax is a new tax imposed on profits made from selling a property within two years of purchasing it. This includes homes sold through pre-sale contracts or property assignments. The tax applies to both B.C. residents and non-residents alike, which means anyone selling property within the province could be affected.

While it’s separate from federal property flipping rules and not linked to the federal or B.C. income tax, the BC Home Flipping Tax operates independently. It also doesn't overlap with the Property Transfer Tax, which applies when you buy property. However, it has its own filing requirements.

### Who Does the Tax Affect?

This tax applies to properties with housing units, those zoned for residential use, and even rights to acquire such properties, like a pre-sale contract or assignment. Essentially, if you’re flipping a property or planning to, and you’ve held it for less than two years, you’ll be required to pay this tax on the profit.

Important to note: The tax doesn’t apply to properties in exempt locations or to the leasing/sale of leasehold interests in properties. So if you’re leasing a property or selling a leasehold interest, the tax won’t apply.

### When Do You Need to File a Return?

If the tax applies to your sale, you’ll need to file a BC Home Flipping Tax return within 90 days of completing the transaction. If you qualify for an exemption, you may need to file a return, or in some cases, you won’t have to file anything at all. It's essential to understand your specific situation, as there are a range of exemptions based on how long you've held the property, the purpose of the sale, and other factors.

### What Are the Exemptions?

While the tax may seem harsh, there are some exemptions available. These exemptions are designed for those who meet certain criteria—such as individuals selling their principal residence or specific circumstances around the sale of the property. In some cases, you’ll be exempt without having to file a return, while in others, you will need to file a return first to claim the exemption.

### How to Stay Updated

As the BC Home Flipping Tax takes effect in 2025, it's important to stay informed about how these changes could impact your next sale or investment. This means checking out official resources and seeking professional advice if you’re unsure about how the tax applies to your specific situation.

At Whistler Luxury Homes, we are always committed to providing our clients with the latest information to ensure informed decisions when buying or selling property. For more details on how the BC Home Flipping Tax could affect you, visit our blog for a deeper dive into this new regulation.

### Stay Ahead of the Curve

If you're thinking about buying or selling in Whistler or other parts of British Columbia, now is the time to educate yourself about the BC Home Flipping Tax. With this new tax on the horizon, the more informed you are, the better positioned you’ll be to make smart real estate decisions.

To learn more and get the latest updates on the BC Home Flipping Tax, head over to our blog post for all the details. [Read the full article here!](https://whistlerluxuryhomes.ca)

---

Stay connected with us on Instagram for the latest insights, tips, and updates about the Whistler real estate market. And don’t forget to subscribe to our blog for ongoing real estate news in British Columbia.

Whistler property assessments for 2024 have seen a slight decline, according to the latest figures from BC Assessment.

Homeowners across the Sea to Sky corridor are receiving their 2024 assessment notices, which reflect market value as of July 1, 2023. In Whistler, single-detached homes saw a 1% decrease in value, dropping from $2,902,000 in 2022 to $2,842,000 in 2023. Strata properties, including condos and townhomes have had minimal change with assessments falling from $1,358,000 to $1,349,000.

Despite these declines, Whistler remains a hotspot for high-value properties. Several homes appear on BC Assessment's annual list of top-valued residential properties in the Lower Mainland, including a $31,939,000 home Stonebridge that ranks among the top 50.

In neighboring Squamish, property assessments also trended downward. Single-family homes dropped by 1%, from $1,496,000 in 2022 to $1,475,000 in 2023, while condos and townhomes declined by 2%, from $844,000 to $830,000. Conversely, Pemberton saw a slight uptick in assessments, bucking the trend with modest gains.

Stabilized Market Trends

According to BC Assessment Assessor Bryan Murao, "Across the Lower Mainland and throughout B.C., the overall housing market has generally stabilized in value. Most homeowners can expect only modest changes from -5% to +5%."

While residential property values have remained relatively stable, commercial and industrial properties are experiencing higher rates of increase, particularly in areas like the Fraser Valley, where limited industrial land has driven up demand.

Next Steps for Homeowners

Homeowners can find detailed information about their assessments on the BC Assessment website, including FAQs and support for inquiries.

“Those who feel their property assessment does not reflect market value as of July 1, 2023, or see incorrect information, should contact BC Assessment as soon as possible in January,” says Murao. “If concerns remain, owners can file a Notice of Complaint (Appeal) by January 31 for an independent review by a Property Assessment Review Panel.”

If you’re spending the holidays in Whistler this year, prepare to immerse yourself in a winter wonderland like no other! Picture twinkling lights, festive décor, and snow-covered landscapes that turn this alpine village into a true holiday paradise. From exhilarating outdoor adventures to cozy indoor festivities, Whistler offers endless opportunities for family fun and unforgettable memories.

The Whistler Platinum team has curated the ultimate guide to holiday activities, ensuring your visit is packed with excitement, laughter, and magic. Here’s your go-to list of must-try experiences this holiday season:

---

### 1. Ice Skating at Olympic Plaza

Glide across the enchanting ice rink at Whistler Olympic Plaza, surrounded by alpine beauty and festive cheer. This family-favorite activity is perfect for all skill levels.

Pro Tip: Visit in the evening to skate under the twinkling lights for an extra magical experience.

- Rates:

- Tots (4 & under): Free

- Children (5–12): $3

- Youth (13–18): $4

- Adults (19+): $5

- Skate Rentals: $6

Note: Weather conditions may affect availability, so call ahead at (604) 935-PLAY.

---

### 2. Thrills at the Bubly Tube Park

Zoom down snowy lanes at the Bubly Tube Park, located at the Base 2 Zone on Blackcomb Mountain. This adrenaline-packed activity is a hit with all ages and offers endless laughter and excitement.

Insider Tip: Arrive early to avoid long lines and maximize your tubing fun!

---

### 3. Fire & Ice Show

Be dazzled by Whistler’s legendary Fire & Ice Show, where skiers and snowboarders perform jaw-dropping tricks through rings of fire. This free event ends with a spectacular fireworks display, making it a can’t-miss highlight of your holiday.

- Special New Year’s Edition: Ring in 2025 at the Fire & Ice Show, complete with extra surprises and celebrations!

---

### 4. Wintersphere Whistler (Dec. 23 – Jan. 6)

Step into a winter wonderland at Wintersphere Whistler in the Whistler Conference Centre. Enjoy free family-friendly activities, including:

- Visits from Santa

- Bouncy castles and crafts

- Live entertainment

- A cozy holiday café

Perfect for escaping the cold while keeping the festive spirit alive!

---

### 5. Snowmobiling

Hop on a snowmobile and zoom through Whistler’s pristine backcountry.

Details:

- Dog sledding tours last ~3 hours, starting at $579.

- Snowmobiling tours are available for various skill levels, with guided packages starting at $199.

---

### 6. Whistler Sliding Centre: Luge & Skeleton

For thrill-seekers, the Whistler Sliding Centre offers the ultimate Olympic experience! Slide at speeds of up to 70 km/h on the luge or skeleton track under professional guidance.

- Prices:

- From $55 for Canadian youth (ages 14–25)

- From $249 for adults (ages 26+)

All proceeds support athlete development programs.

---

### 7. ZipTrek Winter Tours – Fly Like an Eagle!

Soar above snow-covered forests on Canada’s longest and highest ziplines with ZipTrek Tours. This exhilarating adventure offers breathtaking views of Whistler and Blackcomb Mountains.

- Prices: Starting at $149 for adults and $119 for kids (ages 6–12).

- Discounts: Book two tours in one transaction for a 15% discount!

---

### 8. Peak 2 Peak Gondola Adventure

Ride the world-famous Peak 2 Peak Gondola for unparalleled views of Whistler’s winter landscapes. This iconic experience is perfect for the whole family and offers unbeatable photo opportunities.

- Tickets: Adults from $99; kids from $50.

---

### 9. Winter Fun at Whistler Olympic Park, Callaghan Valley

Discover an array of activities at this snowy playground:

- Snowshoeing and cross-country skiing

- Dog-friendly trails

- Tobogganing and biathlon

End your day with: Hot chocolate by the fire or a soak in your vacation rental’s private hot tub.

---

### 10. Holiday Carol Services

Get into the festive spirit with traditional carol services around the village. Whether you’re listening to live choral performances or joining in the singing, it’s a heartwarming way to celebrate the season.

---

Bonus Ideas:

- Snowshoe Stargazing: Experience the magic of Whistler’s night sky on guided stargazing tours.

- Festive Food Tours: Savor holiday-inspired dishes on culinary tours of Whistler’s top restaurants.

- DIY S’mores: Cozy up by outdoor fire pits in Whistler Village with marshmallows and chocolate in hand. 

Cute Hot chocolate bear for kiddies from @camplifecoffee for an extra treat: 

Ready to Create Magical Memories?

Whistler is waiting to enchant you this holiday season! Whether you’re skating under the stars, racing down snowy slopes, or sipping cocoa by a roaring fire, every moment is sure to be unforgettable.

#WhistlerRealtor #thingstodowhistler #whistlerwithkids #nonskiingactivities #WhistlerRealEstate #WhistlerLuxuryHomes #WhistlerLife #WhistlerHomesForSale #WhistlerLiving
#WhistlerInvestmentProperties #SkiInSkiOutWhistler #WhistlerPropertyExpert #WhistlerDreamHome

📉 Interest Rate Update for Homebuyers & Investors 🏡

The Bank of Canada has just lowered its key interest rate by 0.50% to 3.25%, marking the second consecutive rate cut. This decision comes as a response to slower-than-expected GDP growth and rising unemployment. Since June, the central bank has reduced rates five times, helping to bring inflation back to the 2% target.

While inflation is now under control, Governor Tiff Macklem has hinted that future rate cuts may slow as the focus shifts to maintaining price stability. This is great news for anyone looking to buy, sell, or invest in Whistler!

Interested in how this affects your real estate goals? Let’s chat! 📲

#WhistlerRealEstate #InterestRateCut #BankOfCanada #Homebuying #InvestInWhistler #EconomicNews #InflationControl #CanadianEconomy #MortgageRates #WhistlerLife #RealEstateInvesting