Greetings from Whistler,
Spring break has arrived and the clocks Spring forward 1 hour this weekend! The Sea to Sky corridor will be busy with events and activities for families to enjoy. Check out the Whistler Insider’s Blog for March – Locals List for some ideas on activities and events to enjoy. Wondering what there is for teenagers… here are some ideas direct from a Whistler local teen! The mountains are in good shape so far and looks like light snow in the forecast for the next week or so.
Many of you have likely heard of Canada’s Underused Housing Tax that comes into effect and needs to be filed with your 2022 tax returns. We do not have all the answers and highly recommend touching base with your accountant to confirm if this applies to you and your Whistler or Pemberton properties. The link gives you an idea but you definitely want to connect with your accountants on this.
A quick February recap: “In Whistler, there were 42* sales in February, a sharp increase from the 19* sales seen in January. This ties October 2022 for the highest number of sales Whistler has seen in a month since April 2022, when the heated pandemic market really slowed down. In Pemberton, there were 5 sales in February – two single family, two townhomes and one condo with days on market decreased significantly for both single family and townhome units.”
The market this week is consistent with 17 new listings and 14 reported sales for Whistler. Pemberton has 3 new listings and 7 reported sales. It is not uncommon in Pemberton to see a domino effect as locals move up from condo/townhomes to single family homes. “With spring approaching, there are hopes that we will see a more typical spring market with a relative influx of inventory in both Whistler and Pemberton to keep the market momentum. From an economic standpoint, we are awaiting the next Bank of Canada interest rate announcement on March 8, but many experts expect the current rate to hold as inflation has decreased significantly from its summer 2022 peak and Canada’s GDP growth flatlined at 0% in Q4.” Emilie WREC.
Have a great week,
Your Mother/Daughter Team
*Note All statistical information provided from sources deemed to be reliable. The information provided is based on data collected from Whistler Listing Service WLS and MLS.
⭐️ Featured Listing ⭐️
Have you been yet? This is a great way to spend the afternoon with the kids! Enjoy a tour, do some shopping in the gift shop and gallery or enjoy some traditional meals at the Thunderbird Café. “The Squamish Lil’wat Cultural Centre (SLCC) is the first centre of its kind in Canada, located on the shared, traditional territories of the Squamish Nation and Lil’wat Nation. Two nations came together to celebrate and share their cultures with the world while creating meaningful employment opportunities for members of both the Sḵwx̱wú7mesh Úxwumixw (Squamish Nation, Coast Salish) and Líl̓wat7úl (Lil’wat Nation, Interior Salish) Nations. Designed to evoke the form of a Squamish Longhouse and Lil’wat Istken (earthen dwelling), the SLCC embodies the spirit of partnership between two unique Nations who wish to preserve, grow, and share their traditional cultures.” Click here for more information on entry and events.
📸 credit: Tourism Whistler/Justa Jeskova