Affordability is drawing people to Surrey and helping fuel its torrid growth

Crystal Williams and her boyfriend Dan Rocha are moving to South Surrey from Vancouver’s West End this month. They will be trading their approximately 600-sq.-ft. apartment for a townhouse three times the size. Bikes and skies will no longer be stored in the living room.

Photograph by: Jason Payne , VANCOUVER SUN

Crystal Williams and her boyfriend are typically active Vancouverites. And they would have liked to have stayed in the city, but they just couldn’t find the space they wanted for the price they could afford.

And so, instead of buying in Vancouver, they move out of their one-bedroom West End apartment on Feb. 28 to take possession of a three-bedroom townhome (with three baths and a den) in Surrey.



Read more: http://www.vancouversun.com/business/More+space+less/7939315/story.html?goback=%2Egde_4094343_member_212613663#ixzz2KWCzjWxz

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VANCOUVER - Renters in Vancouver will have a new tool at their disposal to figure out if their home is substandard or in trouble with the city.

On Wednesday the city published online a searchable database of all rental buildings with five or more units that have run into trouble with city inspectors.

And perhaps not surprisingly, the top five buildings on the city's hit list are all single-room occupancy hotels. The Wonder Hotel, Marble Arch, Empress Hotel and Pub, Palace Hotel and 561 East Hastings collectively have 821 orders against them.

But even some of the provincial government's SROs are also on the list.

From electrical problems to bad piping to health and cleanliness standards to fire safety and even signage and tree protection, the database will allow anyone to scope out problem buildings that are on the city's radar.

It will also act as something of a public shaming tool for landlords who have been slow or reticent to fix deficiencies identified by various city departments.


Read it on Global News: Global BC | New city of Vancouver database to list problem rental buildings.

 

Read More: http://www.globaltvbc.com/new+city+of+vancouver+database+to+list+problem+rental+buildings/6442803640/story.html

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VANCOUVER, B.C. – February 4, 2013 – Home buyer demand remains below historical
averages in the Greater Vancouver housing market. This has led some home sellers to remove
their homes from the market in recent months.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 1,351 on the Multiple Listing Service® (MLS®) in January 2013.
This represents a 14.3 per cent decrease compared to the 1,577 sales recorded in January 2012,
and an 18.3 per cent increase compared to the 1,142 sales in December 2012.
Last month’s sales were the second lowest January total in the region since 2001 and 18.7 per
cent below the 10-year sales average for the month.
“Home sale activity has been below historical averages in Greater Vancouver for about seven
months. This has caused a gradual decline in home prices of about 6 per cent since reaching a
peak last spring,” Klein said.
Since reaching a peak in May of $625,100, the MLS® Home Price Index composite benchmark
price for all residential properties in Greater Vancouver has declined 5.9 per cent to $588,100.
This represents a 2.8 per cent decline compared to this time last year.
Read More: http://www.rebgv.org/sites/default/files/REBGV%20Stats%20Package%2C%20January%202013.pdf

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 2013 annual utility bills are due April 2, 2013.

 A 5% discount is available if payment is received by City Hall

 or your financial institution by February 28, 2013.

 

Port Moody operates on a user-pay system
The services you receive for water, sewer,
recycling, green waste and garbage operate
on a user-pay basis here in Port Moody. We
collect just enough fees to cover the cost of
delivering these essential services.
Please note that the fees in this newsletter
reflect the discounted rate on your utility bill.
Pay by February 28 to receive the discount.

 

Read more: http://www.portmoody.ca/modules/showdocument.aspx?documentid=872

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Low interest rates will remain the norm for longer than anticipated, the Bank of Canada signalled Wednesday as it lowered growth expectations for 2013, citing global and domestic economic challenges.

 

Governor Mark Carney held the key overnight interest rate steady at 1 per cent on Wednesday, saying Canada's economy experienced more of a slowdown than expected in the second half of 2012, and going forward "economic activity is expected to be more restrained."


Read more: http://www.ctvnews.ca/canada/interest-rates-to-remain-low-after-boc-downgrades-growth-forecast-1.1125728

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Here's a good reason to do some low-cost redecorating: The choices you make can result in enhanced mood, less stress, and better sleep. To turn your space into a healing haven, follow these easy 10 decorating tips for a stress-free home.

Healthy Home Secrets You Haven't Tried

IN THE ENTRYWAY
1. Create a feel-good focal point. The first thing you see when you enter your home should be something you love, whether that's a piece of art, a vase of flowers, or a special souvenir, says Stephanie Roberts, author of Fast Feng Shui: 9 Simple Principles for Transforming Your Life by Energizing Your Home. "A beautiful first impression helps you relax from the get-go."  

Read more:

http://shine.yahoo.com/decorating/10-decorating-tips-stress-free-home-181800788.html

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