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PARADE OF HOMES CREA PRESIDENT PREDICTS CONTINUING SLOW GROWTH Canadians will have to continue adjusting to a slow growth economy for the foreseeable future Norman L Ross president of the member Canadian Real Estate Association CREA said today in a year end statement Predicting real growth in at to 5 per cent Ross maintained the rapid expansion of the 1960s and early 1970s is history and future planning must be based on that fact The Victoria B real estate expert said the price Canadians must pay for a sluggish economy will be continued high unem idle industrial capacity and weak consumer demand The Canadian consumer has not been persuaded or felt inclined to switch from saving to spending Ross observed except for new cars entertainment and out of country travel Meanwhile the Canadian manufacturing industry is in the doldrums The weakness of the Canadian dollar is a blessing which may stimulate exports and take up some of the slack in manufacturing capacity Ross does not see any change in the level of unem ployment which reached 8 per cent of the labor force last month At best it could drift slightly below 8 per cent in 1978 Nor does he see inflation dipping to the projected federal government target of per cent The govern ment is powerless to bring about any dramatic decline he asserted although there could be some improvement in the year ahead bringing the inflation level to percent from the current per cent The government should share the responsibility of restoring consumer confidence and stimulating the economy or the nation will be faced with another year of little or no real growth Ross said Yet he noted although government Is a strong force in a mixed economy the key to bringing it back to an acceptable level of activity is optimism on the part of those who can make things happen Recession psychology can breed a recession while expansionism thinking can have the opposite ef feet Every optimistic 1 or million that can be spent to create employment or Intelligent consumer demand Is a good investment in this country The anticipated economic situation could have an effect on real estate one of the best barometers of consumer confidence Fewer housing starts can be expected in becausde of large inventories of newly completed but unsold housing units particularly condominiums he commented predicting to 235 000 starts in While predictions are prices for new houses will be higher due to higher labor and materials costs Ross predicted existing resale house prices will be relatively stable Any increases which may occur will be well below the an ticipated rate of inflation With the anticipated decline In new house construction there will be an even greater supply of mortgage funds available than last years the president forecast This could result in a slight downward shift in rates during the spring and early summer followed by a gradual rise back to present levels of 10 to IOV2 per cent from and ft 2900 down OPEN HOUSE SUNDAYS Those Ivnj sen and Win I i Co ivi a In a 4166305575 Between MEADOWS GEORGETOWNS EXCEPTIONAL COMMUNITY OF NEW HOMES Take Henry St off Main N Model Three spacious bedrooms family room fireplace two extra washrooms double garage OPEN FOR WEEK END INSPECTION OR CALL FOR PERSONAL INSPECTION CARNEY fe 4572624 Jon Zorge Real Estate Inc Member Broker HOME OF THE WEEK TEN ACRE MINI RANCH Ten acre mini ranch located 10 minutes north of Brampton sq ft home four bedrooms 2 baths large family room plus four stall barn paddocks fully fenced Great for horse lovers Canada Trust 8779500 Set up and operating as Standard Bred on paved road mllci north of and mllci call Mohawk Raceway year old home In good condition liable box Mails tralnlno track FARMERS OPPORTUNITY acres good farm land large bank Darn Log house preserved with wood burning In room laundrvroomandlpc washroom RAVINE SETTING bedroom J home country selling at the edge town L shaped d nlng room EM tchen man laths bungalow cenlrally located with Ideolslartcrorrcllromer COUNTRY V Terra loc conservation area Cross lit your skiing and to look WATSON I MAIN ST S GEORGETOWN ONTARIO TORONTO LINE of most scenic Listed at This raised living room view surrounding an appointment to view ASK ABOUT OUR BRIDGE LOAN PLAN Jan Real Estato Were Here For You IMMACULATE A pleasure show this 3 bedroom bungalow wl1h bedroom in law suite Many extra Low percent mortgage or new financing available COUNTRY BUNGALOW near Steeles and Spacious bungalow family room finished rec room fireplaces and gorgeous formal living room plus large detached double garage on acre lot 9 1900 RIVERSIDE BUILDERS HOME Unique design and quality built 36 ft semi circular llvlngroom custom fireplace ft master bedroom with walk in and bath Quiet treed lot from Plaza SCHOOL SHOPPING AND TRANSPORTATION are very close Excellent townhouse room partially finished Low maintenance low price J MODEL HOME FEATURES Three bedroom bungalow built with extra care Top grade walkout to and fully finished basement Low Interest mortgage a beautiful home for JUST REDUCED Extra large semi backspl parquet floors in 3 bedrooms lovely broadloom in sunken living area TV room and full basement A terrific value at THINKING ABOUT A BRAND NEW HOME 55900 See the exciting models being built now Top quality construction country size lots town water paved Cul de Sac minutes from Plaza and GO train Plan ahead call now NO MAINTENANCE FEE on this fully owned townhouse One year old bedrooms large lot patio doors close to shopping very clean shows well THIS PRICE IS RIGHT will buy this spacious old home Plumbing wiring and shingles in excellent shape You II love the large rooms Yes you re right only A SMALL PRICE FOR LOTS OF COMFORT Double width mobile home all modern conveniences Beautifully finished three bedrooms fenced yard See It today call now SEE THE EXTRAS Tropical setting around indoor pool Contemporary fireplaces Immaculate different exclusive Beautiful Billiard room and private treed lot Reduced BRICK AND ALUMINUM 3 Bedroom bungalow Right size for active family big kitchen large finished rec room ready 0m BEAUTIFUL ACRES large home with Innovative features Cathedral celling In walkout from rec room Inground pool greenhouse and much more Priced to sell Ml Jon Zorge Real Estate Inc Member Broker 8770155 SALLY REED VICKY LUKAS ANNYDRISCHLER AUDREY ANNEPETO 877 CORING DEPAOLI 877 4572624