What You Need to Know: All About Property Assessments

On 2 January 2020, assessment notices were mailed to all property owners across British Columbia. This brief sheds some light on how assessed values are derived, how they compare to market values, and how they factor into the determination of municipal property tax owing. 

Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie.

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After years of neglect, Metro Vancouver’s purpose-built rental market is finally being tended to through the addition of thousands of new homes. Across Canada, purpose-built rental markets have been the recipients of inadequate attention—at least insofar as new supply is concerned. Here in Metro Va…

Allison Lafrenier
RENNIE ADVISOR
intelligence

In the Vancouver Region, relative home values—that is, how close to or far from the regional average prices—appear to be one predictor of potential value appreciation over time.Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they emp…

Allison Lafrenier
RENNIE ADVISOR
intelligence

Swelling supply and declining demand have conspired to create more moderate conditions in the housing market of the Vancouver Region—so much so, in fact, that for the first time in two years the detached home segment shifted into balanced territory.The rennie review is a monthly publication, which …

Allison Lafrenier
RENNIE ADVISOR