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| 0 SARL 15 oem Si "oe. The local real estate market is gaining momen- tum on last year's totals. With the 462 residential sales in October, sales are only 2.6 per cent behind 1991 figures, compared to 24.9 per cent only six months ago. "This is the fifth month in a row that monthly to- tals for this year's sales have surpassed 1991 to- tals," says ODREB Presi- dent Mark Smith, FRI, PORT PERRY STAR CMR. "Sales for this Sep- tember were 33 per cent higher than this time last year, and with the aver- age price remaining stable at only $144,173 - we're on a roll. The current affordabili- ty of housing, low interest rates, the RRSP Home- buyer's Plan and the 5 per cent DownPayment Plan have all propelled inter- ested purchasers into be- coming homeowners." This trend was evident across Canada as 11 dele- gates of ODREB recently met with other realtors at the Canadian Real Estate Association Conference in Victoria, British Colum- ia. This five-day assembly, attended by about 2,000 real estate professionals, features discussion on current industry issues: environment, education and legislation. "Fall residential sales for Canada as a whole, are up over 40 per cent this year compared to last," says Smith. "Our local market is in line with na- tion-wide totals." Homes sold in Durham Region on average at 95 per cent of their listed price, and took an average ofonly 52 days to do so." The Oshawa & District Real Estate Board is a pro- Tuesday, November 24, 1992 Real Estate sales on the move fessional trade associa- tion which represents over 1,000 realtors in Newcastle, Port Perry, Oshawa, Whitby and Ajax-Pickering. Realtor is a registered certification mark which identifies real estate licensees who are members of ODREB and as such abide by a strict Code of Ethics and Stan- dards of Business Prac- tice. Century --, SUCCESS INC. Hwy. 7A at Water St., Port Perry 985-7371 Res 985-7606 PRIVACY PLUS $129,900. 1 acre with pond surrounded with trees on 3 sides. 3 bedroom vinyl sided detached bungalow features living room with fieldstone fireplace with insert, large dining area. Excellent hobbyist workshop outbuilding. Neat and clean. For more details call Mar) Tripp. Associate Broker 985-7371 or 986-4673 RETIREMENT OR STARTER WATERFRONT Super immaculate 2 bedroom permanent home on a 65" wide waterfront lot in nice area on Scugog Island. Bright sunroom with walkout to deck. open concept living room & kitchen Totally renovated. Boat house. Move in and enjoy. $149,900. For more details call Ted Harvard, MVA 985-7371 or Res