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Murray Koebel said sales of new homes in the Greater Toronto Area totalled 850 in May, down 3% from the 875 sold during the same period last year. Year-to-date sales stand at 4,675, up 3% from the 4,535 homes sold to the end of May, 1992. Koebel said the 850 sales represent, 2,125 jobs', bringing the number of jobs created by the industry so far this "The threat of tax increases in the provincial budget and the uncertainty surrounding the Social Contract nego- tiations combined to overpower the positive forces of housing affordability and choice in May," said the president of the Greater Toronto Home Builders' Association in his monthly report on sales activity. Growth in sales dependent on many factors $599,000. trnpeccabiis' 4-Bdrmf home downtown, lot afftmts complete privacy large intedoddng patio w/awning. Pesign your own we. tSEiik ' 1565M“ footage. Pickyourownlot.Cal usamee the buyer. I OGDEN/.1 WW. MOW I)ual81 Carefree litesMe in this j'tugtt,i,2it,eg, condo. Many upgrades mart) baths swer clubhouse on water $269,500. Impressive 2-storey. 2-bdin. Uirt/, Walk shops a lake, lovely garden. loads charm $265,000. (if? JANE LUMBERS' 8446061 FORD O'BRIEM 844A5061 SOLD FORD O'BRIEN' 844-6061 EDNA KING' 844.6061 ext . rentaL Ava adjoins spa mt JOHNSTON & DN\HEL Koebel also called on the Minister of Housing, Evelyn Gigantes, to delay implementation of a package of Building Code amendments which will increase the cost of residential con- struction. "The timing of her costly proposals couldn't be worse," he said. Housing Data Report (HDR), pre- pared by Brethour Research Associates for the GTHBA, stated that May new year to more than ll,500. "Although we welcome the modest year-to-date sales increase, we expect- ed a stronger result during the first five months. Significant growth in the sec- ond half of the year is dependent, upon many issues, including a speedy reso- lution of the confidence-eroding Social Contract process," he said. $278,000. Hiomis 'teanim 'n'ew' mu Beoketmann kit opening to main Mor tan rm. sop. LR/DR, 3+2 bdrms. $595,000.tme owner home h the hem of E StMikMttrsstttoty.Bet koatenaamsfrrrrtrtetteuhoatsitttai--rtare On a quiet amount in tfoiritimifaikvire, 5 bums, tir.Tlaas, pdvate landscaped garden w/pool. immaculate common. PHYLLIS MCHOLSON‘ 8466061 HOME OF THE WEEK as school Bean“ garc EDNA KING' 846606t EDNA KING' 8444i061 Ti'd m lakeshore Road East.odiG%, Jiuiiidiii Wm P74,9ptl.Rptirin - tfit) 'Cape" .. ~Cori 'vivinpamn‘ . rights. 3 bdrrns., sap. dining mom. La 85' frontage x 330 t companies units (70.5%) and 250 condominiums (29.5%). In addition to reporting Greater Toronto Area sales, HDR compiled sales by GTHBA member builders active in regions outside the regular tracking area. The 56 sales were dis- tributed as follows: Barrie, l4; Orangeville, 6; Georgetown, Innisfil and Wasaga Beach, 5 each; Peterboro, Tillsonberg and Waterloo, 4 each, Stoney Creek, 3; Grimsby, 2; and Lindsay, Bolton, Kleinberg and Niagara-on-the-Lake, I each. The Greater Toronto Home Builders' Association was established in 1921 and has more than 700 member home $359,900. -ee Lihje" -e iSJni' "bur Fantastic potential on a superb 98 x 'otttsttna6ttedbtm1n. tyfChattwetl 5,000. Souh at l we. Ode Town' #ms.,ensuittOttn BILL HUMPHREYS" 844-6061 BILL HUMPHREYS" 8466061 SUSAN FLYNN' 8444i061 sales consisted of 600 freehold (70.5%) and 250 condominiums SatesRtxxet- DONNA MACRAE Ra akesr representing ngalow f onn fr wated $439,500. Cima late 1800's orig. farmhouse, 4-bdrms., 2 staircases, 3rd storey loft, 9'h ft ceiling, private garden. $199,900. Surprisingly la? inside, this 3-bdrm. has much to 0 er. Mature lot w/fruit trees, walk to GO, lake, schools. $1,495,000. Gor - siixiiihdhi, on .90 acre. Marian nmeady for your choice of fiNshes. Rare opportumy. LR/DR $4 . Each new home built creates person-years of employment, i.e., equivalent of 2 1/2 full-time jobs one year. Mississauga 119 Brampton 79 Pickering 68 Oakvillc 46 Markham 52 (See 'New' page 5 B u i I de r/ R e n Financial, Prof; and Sub-Contra affiliate of the Home Builders' M. BAWDEN"/B. NEWELL' 844.6061 179.000. Lovely tfeiitrr,' iriiifiiiculate link orne on quiet street. Super rec. rm., great t w/breakfast rm. NC.. fenced lot. BEV ELUS' 84$6061M45-2388 t q ' ' _ i V Tq w T Ta m. ’ a ‘ I , ' n it ' . I It m' . 5-,,- " Pl _ l ur-ga:: " - ' - Av-- unr- BEV ELLIS' 84H061B45-2388 BEV. ELUS' 8446061/845-2388 MAY NEW HOME SALES BY MUNICIPALITY Municipaltiy Freehold Condo TOTAL B. NEWELU8444i061 Renovator/Developers, Professional, Supply/Service ontractors, and is the largest wder " W06 Ontario and Canadian Associations. home built creates 2.5 in mo. Ldvety family hops. schools. Sep. + FR, nanny stale. , style. elegant mus master ensuite fully fenced pool. 40 34 I8 SOLD 80 80 70 159 86 the for $5. ft ED