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"After aâ€"slow start in 1993, home construction _ is expected to get a boost from the stronger economy expected later this year and into 1994, The market will also remain affordâ€" able and continue to benefit from the two federally sponâ€" sored homeownerâ€" ship programs, and Home construcâ€" tion is expected to rise 2.3% this year to 172,100 units, according to a report released by Canada Mortgage and Housing Corporation. The agency‘s second quarter National Housing Outlook also forecasts a furâ€" therâ€"rise of 10.6% to 190,400 units for 1994. Just listed this 2â€"storey home room with firey fullvy fenced a Home construction to rise IMMEDIATE POSSESSION If Construction of singleâ€"detached dwellings is foreâ€" cast to increase nearly â€" 7% â€" to 99,300 units this year and another 12% in 1994. High apartment vacancy rates and reduced social housing units will result in a slight drop in mulâ€" tiple unit construcâ€" strong population growth," explained Gilles Proulx, chief economist at CMHC‘s Market Analysis Centre. "As well, the forecast reflects the weakness suffered by new and resale markets at the beginning of the year and the impact of reduced commitâ€" ments for social housing _ units," Proulx added. Regionally, Western provinces should show the best performance in 1993 with the exception of Alberta, _ where starts will be lower following a strong surge last year. Total starts are expected to rise 5 to 7% in Quebec, New Brunswick, and Newfoundland. They should decline, however, in Ontario, Nova Scotia. and PEI due to lower construcâ€" tion of multiple units. rovinck tion to 72,800 units this <~year. . â€" A rebound of approxâ€" imately 9% is expected for 1994 due to private marâ€" ket units. During 199 ire Activity on the resale market will be restrained, falling by approxiâ€" mately 3% this year after two strong annual expected to see higher home conâ€" struction activity with Ontario and Quebec recording the largest increasâ€" es as their manuâ€" facturing sectors improve. pe on‘ s s . tds & us . 6 t e lt : 6 s Please call me to view these and other fine Oakville homes. ERNIE NICHOLS®* 329â€"5417 l, _ umm‘ o advances. The existing market benefited from the national homeownâ€" ership programs established in 1992. Although this will remain favorable, the low level of activity at the beginning of 1993 will pull down the annual The outlook for 1994 is positive tot 'ERNIE NICHOLLS* THOMPSON® 329â€"5330 329â€"5417 | _ PICTURE PERFECT THOMPSON 329â€"5330 shoppm?‘ Call me today BETTY THOMPSON 329 5330. NICHOLLS 329â€"54 17 ERNIE NICHOLLS 329 5417. ERNIE 329â€"5417 EXECUTIVE TRANSFER NICHOLLS 329â€"54 17 3â€"bdrm . f reehold townhouse + finished rec. oom. Must be seen. Great for first timer. At this asement. Idea $189,000 $1682,900 $144,9200 $289,900 Average resale prices will remain fairly stable. The only province to exceed an increase of 4% this year will be British Columbia where a strong market will push the average price up by more with an increase of about 5% in existâ€" ing home sales. th an NICHOLLS entre 20 tF 10% BETTY ERNIE ) and ERNIE 20TH FLR. $129,000 1101 UPPER MIDDLE ROAD 338â€"2201 2274 LAKESHORE ROAD W. aae yrrra $A t MB sn orine s3 . **Associale Broker . *Sales:Representative inobstructed P “.,«;,,”. im * * > BB L. e + %7*+* / _ > s . * “; am « * 1 F JUDITH FORTIN** 847â€"3030 or 827â€"7615 letas Restored to perfection â€" 2 stry. duplex with many extras. Perfect home for relaxed liming with added bonus of notential income. RAVINEâ€"$242,900| * Vhy rent? This beautifully upgraded condo ! â€" .,.' arnes lor $1,235; with 25% down. Call for| * etails? A 9 Jn $145,000. 1â€"bedroom plus den. Could be 2nd bedroom. Lots of facilties incl. indoor pool, and rec. centre. VERA LANCH MARILYN WYKES* 338â€"2201 or 844â€"9859 Canada Trust Realty JUNE BENNETT* 338â€"2201 pager ZABETH PUFFER* 338â€"2201 pager BETT Canada Trust Realty Inc./Realtor ic Royal LePage Real Estate Services Ltd., Broker e | ) ||||||)| 1111111111111 Ee |||||| )11 1111111111111 ROYAL LEPAGE Y PH §$45â€"8522 ondition. Come pQ* 2 $" 338â€"2201 baths, A hour Wal K