Let’s dive into the highlights of the second quarter of 2024 in the Whistler and Pemberton real estate markets.
Whistler Market Insights
This quarter saw a steady rise in inventory levels in Whistler, driven by typical spring market activity and recent capital gains changes. April was bustling with sales, but May and June slowed down, d...
Understanding the Bank of Canada’s Recent 0.25% Interest Rate Drop: What It Means for Buyers and Sellers
The Bank of Canada recently announced a 0.25% drop in interest rates, a move that has significant implications for both buyers and sellers in the real estate market. Whether you're looking to buy a new home or considering selling your current pro...
On April 10, the Bank of Canada announced that it will maintain the bank rate at 5%. This decision reflects the Bank's assessment that monetary policy is effectively mitigating inflationary pressures. Although inflation is on a downward trajectory, the Bank remains cautious, acknowledging that it will take time to confirm the sustainability of this...
In the dynamic realm of British Columbia's real estate market, staying abreast of legislative amendments is paramount for buyers and sellers alike. Recently, the BC NDP Government introduced significant revisions to the Property Transfer Tax (PTT) Framework, accompanied by the introduction of a new "Flipping Tax." Let's explore these changes in det...