What You Need to Know: Regional Transportation Development Cost Change

Effective January 2020, a new regional transportation Development Cost Charge (DCC) is now being levied on new developments throughout Metro Vancouver. Given the greatly reduced transit ridership since March, this DCC could become an even more important source of funding for TransLink.

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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Last month was characterized by further declines in supply combined with elevated demand levels, strengthening the vice on an already tight market.

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Benchmark Price Infographics for detached, townhomes, and condos in the areas of Vancouver region covered in the monthly rennie review.

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A monthly report providing insights into sales, listings, and pricing trends throughout the Vancouver Region's housing resale market.