604.905.8438 | davebrown@wrec.com
Whistler, BC, canada

Inflation Update: Potential Impacts on Whistler's Real Estate Market

Inflation Update: Potential Impacts on Whistler's Real Estate Market

The latest Consumer Price Index (CPI) report shows a year-over-year increase of 2.5% in July, the slowest since March 2021, down from 2.7% in June. This broad-based slowdown in inflation, driven by lower costs in travel, vehicles, and electricity, could influence the Bank of Canada’s next move.

If the Bank of Canada opts to cut interest rates in response to cooling inflation, we could see some impact on Whistler’s real estate market. Despite slower sales activity, the number of listings in Whistler has been shrinking over the last month, which could shift the market from favoring buyers to a more competitive environment for sellers.

For buyers, this may be the ideal time to act before potential interest rate cuts lead to increased competition and less options to choose from. If you've been considering a property in Whistler, now might be your best opportunity.

#Economy #Inflation #BankOfCanada #InterestRates #CPI #RealEstate #Whistler #MarketUpdate

Whistler Real Estate Market Report- July 15 to 21, 2024

Whistler Real Estate | 7 Properties Sold  

Sales for the Week of July 15 to 21, 2024

Whistler Condo Sales: 1

Price Range: $3,700,000

Whistler Duplex Sales: 1

Price Range: $1,549,000

Whistler Chalet Sales: 2

Price Range: $3,650,000 TO $6,250,000

Whistler Townhouse Sales: 3

Price Range: $2,032,000 and $3,150,000

14 new property listings came on the Whistler real estate market.  There are 290 active listings on the market. Click here to view the new listings for the week.

21Jul

Whistler Real Estate Market Report- July 8 to 14, 2023

Whistler Real Estate | 6 Properties Sold  

Sales for the Week of July 8 to 14, 2024

Whistler Condo Sales: 2

Price Range: $260,000 and $815,000

Whistler Chalet Sales: 1

Price Range: $2,815,000

Whistler Townhouse Sales: 3

Price Range: $950,000 and $3,600,000

12 new property listings came on the Whistler real estate market.  There are 277 active listings on the market. Click here to view the new listings for the week.

14Jul

Whistler Real Estate Market Report- June 17 to 23, 2024

Whistler Real Estate | 10 Properties Sold  

Sales for the Week of June 17 to 23, 2024

Whistler Condo Sales: 5

Price Range: $388,000 to $1,375,000

Whistler Townhouse Sales: 4

Price Range: $1,480,000 to $4,500,000

Whistler Chalet Sales: 2

Price Range: $5,525,000 to $7,500,000

16 new property listings came on the Whistler real estate market.  There are 275 active listings on the market.  Click here to view the new listings for the week.

23Jun