A new report highlights significant differences in development cost charges (DCCs) across Metro Vancouver, with the Township of Langley having the highest rates for all property types.
A new report from the Homebuilders Association Vancouver (HAVAN) reveals significant disparities in development cost charges (DCCs) across Metro Vancouver . While DCC rates vary by jurisdiction, HAVAN's analysis found that the Township of Langley levies the highest DCCs among major municipalities for all property types - single-family homes, townhouses, and apartments. For single-family homes, Langley 's average DCC was around $87,000 per unit, significantly higher than Coquitlam's $62,000.
Langley also topped the list for townhouse DCCs at approximately $59,000 per unit. These findings come amidst growing public scrutiny of DCCs and developer campaigns against their increasing costs
Dccs Development Costs Metro Vancouver Langley Housing Market
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vancouver man wins PNE home in LangleyThird home in three years to be built in community
Read more »
Veterans lead Canada’s women at B.C. WXV rugby tournamentTyson Beukeboom, Karen Paquin lead the hosts as world rugby elite meet in Vancouver, Langley
Read more »
Wesgroup SVP Of Development On The Challenges With DCCs, REDMAHoward is based in Burnaby and covers real estate, housing policy, and the development industry. Signal: HowardChai.24
Read more »
B.C. mayors write to governments demanding mental health actionVancouver Mayor Ken Sim speaks during a news conference in Vancouver, B.C., Monday, Sept. 16, 2024.
Read more »
'Every point matters': Whitecaps look to fell Timbers in playoff pushVANCOUVER — Another week, another critical game for the Vancouver Whitecaps.
Read more »
'Every point matters': Whitecaps look to fell Timbers in playoff pushVANCOUVER — Another week, another critical game for the Vancouver Whitecaps.
Read more »