Vancouver’s presale condo market has been unusually quiet this summer—but two major policy changes introduced in July could be a game-changer for developers, buyers, and landowners alike.

From extended fee deferral timelines to bold rezoning initiatives across key corridors, the stage is being set for a reactivation of the presale market—especially in areas poised for growth around transit hubs.

🏗️ What Changed in July 2025?

1. Development Cost Charges (DCC) Deferral Extension

On July 15, the Province of British Columbia officially extended the timeline for DCC payments from 12 months to 24 months for approved residential projects. This gives developers more runway to secure financing, complete early construction milestones, and stabilize pre-construction cash flows.

“This is a meaningful tool for builders facing higher borrowing costs. Doubling the deferral timeline buys critical flexibility during today’s tight capital conditions.”
— MLA Canada Presale Pulse, July 2025

2. Fast‑Tracking Rezoning Across Vancouver

City staff have proposed proactive spot-rezoning across over 4,000 parcels along Broadway and Cambie. If approved, developers would no longer need to apply for site-specific rezonings—cutting up to 12–15 months from the approval timeline.

In tandem, planners revealed a transit-oriented development plan around the Rupert and Renfrew SkyTrain stations, supporting towers up to 45 storeys, with capacity for 10,000 new homes over 25 years.

🔍 Why This Matters to Buyers, Sellers & Developers

🏠 Presale Buyers

• Faster launches: Shorter approval timelines mean more presale options coming to market sooner.

• More incentives: Developers facing lower upfront costs may pass some of those savings along.

• Transit convenience: Many of the upzoned parcels sit near rapid transit—offering long-term livability and value upside.

💼 Investors & Landowners

• Improved land value: Pre-zoned sites will command a premium as risk is reduced.

• Better sale terms: With lower financial pressure, developers can offer firmer closings on land deals.

• Pipeline confidence: Builders can more accurately forecast project delivery, improving IRR outlooks.

🧱 Developers

• Cash flow runway: 24-month DCC deferral reduces initial financing burdens.

• Rezoning certainty: Faster approvals = faster launches = better presale absorption.

• Feasibility revival: Formerly stalled sites (especially low-rise wood-frame) may now pencil.

📈 Key Corridors to Watch

• Broadway Plan Zones – Newly pre-zoned parcels streamline mid-rise development.

• Cambie Corridor – Faster approvals for long-shelved projects may spur new presale inventory.

• Rupert–Renfrew Transit Area – Rezoning plans could support towers up to 45 storeys—prime for concrete presales.

❓ FAQ

What is the DCC deferral policy?

The DCC deferral lets developers postpone paying infrastructure fees for up to 24 months after project approval, up from the previous 12 months.

How do proactive rezonings work?

The City is proposing to rezone large swaths of land in advance, eliminating the need for project-by-project rezoning applications—saving up to 12–15 months in some cases.

Will this lower presale prices?

Not directly—but developers may offer stronger incentives or launch pricing due to reduced holding costs and clearer timelines.

What kind of homes will this unlock?

Expect a mix of low- and mid-rise wood-frame buildings, townhomes, and in some transit zones, concrete high-rise towers—especially near SkyTrain hubs.

✉️ Final Thoughts + Next Steps

While buyer demand remains soft in mid-2025, these two structural changes could quietly shift the tone of the presale market this fall. For buyers, this is a chance to monitor emerging launches in key corridors. For developers and investors, it’s a prompt to revisit stalled projects or scout undervalued land with new viability.