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"A Family Tradition for 126 Years" 5 PORT PERRY STAR - Real Estate Section - Tuesday, September 22, 1992 - Activity improving in housing market Total national housing starts are forecast to reach 167,000 units this year and increase further to 187,000 units in 1993, according to Canada Mortgage and Housing Corporation's third quar- ter National Housing Out- look, released recently. "Activity on the new and existing market will improve in response to the lowest interest rates in more than 20 years, and to the two federal housing programs supporting Ss or: home ownership," ex- plained Gilles Proulx, Chief economist at CMHC's Market Analysis Centre. "The improvement, however, will be subdued, reflecting the gradual re- covery in job markets and the economy, as well as special factors limiting ac- tivity in several provinc- es," added Proulx. These factors include lower social housing activ- ity in Ontario, a pent-up demand that is largely RIDGE NORTH REALTY LTD. Sunday, September 27, 1992 - 1 to 4 pm Directions: 7A east to 57 Hwy. Blackstock, east 3 miles. Your Host: Chuck Willes. Sunday, September 27, 1992 - 1 to 4 pm Directions: Port Perry north 4 miles to Robinglade Estates. Your Host: John Tait. Sn Sunday, September 27, 1992 - 1 to 4 pm Directions: Queen St. , Port Perry. Your Host: Cliff Crowell. COLDWELL BANKER COUNTRY LANE REALTY Saturday, September 26, 1992 - 2 to 4 pm Directions: Apple Valley. From intersection of Hwy. 7A & Simcoe St. go south 1 block to Lakeview & follow signs. W. FRANK REAL ESTATE LTD. Sunday, September 27, 1992 - 1 to 4 pm Directions: 646 Victoria St., Prince Albert Your Host: Case Lami 985-7386 RE/MAX SCUGOG REALTY LTD. Sunday, September 27, 1992 - 1:30 to 4 pm Directions: Durham Rd. 2 to Seagrave. Follow signs to 136 River St. Your Hosts: Robert & Carolyn Hall 985-4427 . REAL ESTATE & CLASSIFIED AD DEADLINES for the Port Perry Star and Star Marketplace REAL ESTATE ADVERTISING - 5:00 PM. Thursdays preceeding next publication CLASSIFIED ADVERTISING - 12 Noon Monday The Port Perry Star Reaching the hearts and homes of over 20,000 LOYAL READERS EVERY WEEK met in Quebec, lot supply constraints in B.C. and a weak Newfoundland econ- omy. Construction of single- detached dwellings is ex- pected to rise by 5.7 per cent to 91,500 units this year and by 19.1 per cent to 109,000 units in 1998. Multiple starts are expect- ed to be up 8.4 per cent to 76,500 units in 1992 and 3.3 per cent to 78,000 unitsin 1993. Provincial Highlights British Columbia and the Prairie provinces will lead the housing recovery this year with construc- tion activity up more than 20 per cent in all four provinces. At the same time, Quebec, Nova Scotia and Newfoundland will suffer drops of more than 10 per cent. In 1993, Ontario, Nova Scotia and Manitoba will register increases of more than 15 per cent. Other provinces will show small- er increases except for Saskatchewan where a marginal decline is ex- pected. Re-sale Activity and House Price Forecast The re-sale market should show moderate growth over the next 18 months. Sales of existing homes are expected to rise slightly by more than 5 per cent both in 1992 and 1993. The gradual recovery and concentrated activity on the first-time home buyer market should re- sult in only marginal price. increases. Notable excep- tions include B.C., where prices will rise by more than 10 per cent in both 1992 and 1993 due to sup- ply constraints, and lower prices in Ontario and Newfoundland this year. $127,900. Rare Find! Immaculate 2 storey brick Century, original trim, 4 BR's, separate dining, living, w/o, family room, hardwood floors, large kitchen, wiwainscotting, large deck, close to schools & amenities, detached garage. Only 20 mins. north in Village of Oakwood. (705) 953-9089 OSHAWA & DISTRICT REAL ESTATE BOARD DURHAM HOME SALES ber 12 - September 18, 1992 AJAX WHITBY OSHAWA SCUGOG TWP. & UXBRIDGE NEWCASTLE 18 $188,556 25 $167,048 50 $135,029 4 $157,300 24 $153,540 761 1703 275 710 TOTALS 121 $154,015 3874 MLS® sales by ODREB members as they are reported. ODREB cautions, however, that only over a period of time are these averages useful for establishing trends and making comparisons. UNIQUE VICTORIAN REPLICA HOMES In The Lakeside Town Of Port Perry (on the shores of Lake Scugog) - » Te NE eid ~~ ih i EES -- R == : Eo Frat ---------- = ) Wats | | evn pede | | =e === 3 Yor ne ds f a Te T= WE RENFRLL 2450 oq. PL. THE STORYBOOK HOMES OF VICTORIAN VILLAGE One look at the streetscape and you'll think you have gone back in time: Exquisite home designs feature graceful porches, dramatic baywindow towers, beautifully detailed mouldings and trim: all architecturally conceived to work together harmoniously to create a community with the CHARACTER and ELEGANCE of the VICTORIAN ERA. 50" FULLY SERVICED LOTS Only 35 minutes from Metro, paved roads, curbs, sanitary sewers (no septics), town water, underground wiring plus cable TV available. WALK TO BEACH Boating, fishing, waterskiing, plus all year round activities up to 2450 Sq. Ft. of CHARM 3 acre park, all schools, churches, hospital & shopping within walking distance. Sensibly Priced from $169,900. Inquire about our Guaranteed Trade-in Plan Sales office in Whitby TAUNTON RD. -- - FALLING | kngriDe | 1) n BROOK NH Zz S & ROSSLAND RD. 3 2 w (OC ed 4 @ a 3 DUNDAS ST. (HWY. 2 Z S ST. ) <_ HWY. 401 Mon. to Thurs: Friday: Closed; Sat. & Sun: 12-5pm 1-416-666-8164 Whitby 787-6550 Toronto Sales Office located in Picture Homes Country Manor Collection Office in Whitby 1:30 < 7:00pm BEB EEERE EEE EN ENEEERERE EEE XE TT tv eq v COE IE BE I TP PTY RNR PFTY '