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Georgetown Herald (Georgetown, ON), September 5, 1979, p. 18

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Canada Trust juSTusreo J Bedroom home w In fireplace liv Make an oiler open be disappointed nowl UNIQUE SOPHISTICATED THE PERFECT HOME and brio an replace reparole bar room beautiful fenced pool This ho I Immaculate garage Asklnd born a Only VACANT LAUD Brand c village replace garage On w Under Terra Colts 10 acre Try lot Member of Brampton Toronto Real Estate Boards Ever popular bedroom semi Finished on Freshly decora led Don I take a chance You ere invited to an OPEN HOUSE Sunday September Esq I mile low the FOR INFORMATION SHOWINGS CALL RUDY CADIEUX AT Bill OR IS YOUR HOME ON TV TWO LOCATIONS TO SERVE YOU BETTER PEEL CENTRE BHAMALEA CITY CENTRE AND THE KIOSK AT SHOPPERS J PLAZA BRAMPTON CANADA PERMANENT TRUST CO LTD HOMES TOWN HOUSES CONDOMINIUMS CONSULT THOSE IN THE KNOW ADAM fly MACK PARLIAMI- NT Director of Public Canadian Heal While II is customary look ahead in anticipation of fulfil meat of dream it is ad to look back aw one shoulder now then to see if has been in hi past warrants optimism about hi futurt statement is as at le to housing as other unfulfilled dream or And a review of the of Can and Canadian the housing field gives one ammunition to be the Jture in this country unlike countries Canada has produced more than BO per cent of its present housing since Or to put it another way less than per cent of all housing of all tvocs is rer- man Id more sinking is the fact that more than 5 per of all the homing has been built since IMS and more than a quarterof it has been nut in in laM decade The happy result is thut Canada boasts a great diversity of housing of all types of all sizes with the total now exceeding million units This is a far cry from whin the grandparents of generation of tenants and homeowners only I 02 housing units from Hie Atlantic to the Pacific In our thire wire fewer than homes and only Ontario Quebec had more than 100 Of course the population has undergone a remarkable change since 1920 when there were only persons occupying the country million square miles Boosted by im migration this hid more than doubled by I960 which time the number of housing units had also almost doubled The country present population is just over million Industrialization fostered new em lent opportunities and aided by heavy investment new mining frontiers were new oil fields developed and vast hydro projects initiated The St Lawrence long an unfulfilled dream became a ihiy booming it a i com pa wed by high ird of living as the Sinn hen thin have been some run irk Illinois or the worse Growth in U has slowed and unemployment J tint of ishighest pi the Great Depression Inflation has thrown from a an Ugly in astir even the can Some now wont Ik lifetimes Tin labor unions have en more pom rf ill and able to win inflationary Ui settlements and disrupt economy not intirvened more and mi in the economy and the lives of individuals grown in strength Thin are now more than 1 SO persons on heir payrolls it through violent swings m ivelt inflation and other housing constitution has moved forward point where it is an among the best wunil best housed on earth wetkJy earnings in 1961 for in This spring average weekly turnings wen and climbing In the i xisling had a price tag of 125 whik the of a new house financed under Housing Act NHA was Although wages more than tripled so did the of houses Today however there are some units both and new which are being marketed at less than the corresponding gain in wages At the same time there are others above thai there Is a wide range of just as there is a wide range of housing types and styles Over the post year the scales have been tipped more favorably in the direction of the home owner Interest rates have fallen from a high of per cent 10 per cent The price of existing housing rose about Tj per cent during the 12 month ending in March Howiver this was below the corresponding in average wages and inflation The latter rose 6 per cent during the same period The number of listed for sale through the Multiple Listing Service MLSl during the first quarter of 1977 was per cent higher than in the corresponding period a year earlier On the new home scene there was a surplus of unsold units on the market at the end of last One study istimaled thcrt was a year of empty new housing units in Ontario which should keep prices in line Blair Jackson executive vice president of the Canadian Real Association echoed tins on a national basis in the resale field A buyers market exists he said with a greater variety and selection for choose from with prices actually a belter value than at this time a year ago Yes statistically at last Canadians have right to be optimistic about the future as suggested curlier If can match the level of accomplishments of the past there is every reason to believe the steadily growing benefits of being a Canadian will continue not only in housing but in other aspects of the good life It must be remembered however that per cent of the population did not become owners without some financial sacrifice Neither will the remaining per cent if home is their Come Home to from 46495 Come home to a new lifestyle in Georgetown River Run is country living fishing swimming golf cross country skiing or gentle walks along the shady Credit River Its having everything you need at hand shopping recreation and convenience to the city by automobile or GO TRAIN But most of all its a great home at an affordable price RiverRun a special place for your special family No maintenance charges til January Minimum Pius secondary bank financing if necessary Principal Interest from 329 per month with A H Assisted Home Ownership Plan Property taxes not Included Sales Ollice hours 8 Sal Sun 10 6 Come and see why homes have been sold in 6 weeks

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