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anadian Business editor Cdn. Club Wednesday September sales of $39.8â€"million were 23% less than August numbers and off from the $49â€"million in September sales just one year ago. e dollar volume of September house I sales was down 19% over the same period last year, the Oakville, Milton and District Real Estate Board (OREB) reported this week. On the bright side, sales last month were up 33% over Sept. 1991 figures and up 38% over Sept. 1990 sales. "Randall Litchfield, editor of Canadian isiness Magazine, will be the guest eaker at the Wed. Oct. 20th dinner eting of The Oakville Canadian Club. September house sales down 19% $169,900. Detached 2â€"storey, shows @ beautifully, maintenance free e exterior, quiet location, private Iot. JOYCE PICKETT 338â€"9000. C k OPEN HOUSE o > SUN., OCT.17, 24 PM. _ e The Oakville Downtown Business Improvement Area recently sponsored a contest to see which store could best design a window display depicting the 1950s. The winner was this window from ‘To Set a Table‘. 2392 BRIDGE ROAD HOSTED BY DEBBIE ZARDO Sales Rep. * © 338â€"9000, 827â€"0389 (See ‘"Canadian" page 18) ~BUSINESS "The numbers can be confusing," said OREB pres. Richard Weima. "Although September was slower than August, that is what we would normally expect in any given year. People are getting back to work after summer holidays and families are busy ensuring their children start the school year on the right foot. Real estate is usually not the number one issue on people‘s minds." Weima blames the continuing concern of the economy with the sales decline but said there‘s room for optimism with sales well Trafaigar Village celebrated two fun filled events as part of two recent shopping centre romotions. Pictured at op, The Tiger Paw Exotic Petting Zoo featured a variety of farm animals as v%ell as a jaguar, cougar,. tiger dn Betlgw, The Trafalgar Village clown presents two young shoppers with bonus balloons containing gift certificates for savings in the centre. The bonus balloons were part of Trafaigar Villages 14th Anniversary promotion. Wayne Gretzky just signed a new $25.5â€"million contract with the Los Angeles Kings. Not bad, even if you consider that he is the star of the hockey world. Your child or grandchild could also be a star. Maybe not in hockey but in finance. Some day, he or she, could also receive $25.5â€"million. Not from sports but from the magic of compounding. Compounding occurs when you invest some money and you let it grow. Eventually, the money doubles in value, then redoubles, and on and on. The higher the growth rate, or the annual return on investment, the higher the growth. A good combination of a good growth rate, plus .ime, will produce outstanding results. Compounding counts in cash growth It is not necessary to start with huge sums. What is critical is to allow your funds the time to compound and grow. Characterizing the yearâ€"toâ€"date real estate market as ‘unusual‘, Weima said there have been none of the dramatic increases and sudden drops in dollar sales volume that have characterized real estate results in recent "That seems to be consistent with consumer behaviour in other areas of economic life," said Weima. "People are keenly interested now in steady, stable above the September levels of two and three years ago. LAWN GARDEN EQUIPMENT LTD. SALES â€" SERVICE â€" RENTALS SAT., OCT. 16, 9â€"5 SUN., OCT. 17, 11â€"5 TRY ONE OUT ON "REAL SNOW" BEFORE YOU BUY Choose from 8 rugged, dependable models, all with money saving rebates of up to $140.00. They come with cutting widths of up to 32 inches and throw snow higher, faster and farther than ever before. Controls are at your fingertips so you can put the snow where you want it. Electric starts are available for all models. John Deere starts strong and works hard. That‘s reliability you can count on all winter long. Factory rebates only last until December 27. And that‘s no snow job. So hurry to your nearest John Deere dealer today. 488 Morden Road, Unit 2 Oakville, Ontario L6K 3W4 Say no to snow by saying yes to a John Deere snowblower. performance and they are very cautious in their spending." Of even more interest is the fact that for the first time in at least three years, more than half of all thirdâ€"quarter housing sales were priced at less than $200,000. "Moderately priced properties are selling well," said Weima. "Firstâ€"time buyers in particular are taking advantage of lower interest rates, the government‘s five downâ€" payment program and the fact that prices have come down over the past few years." To illustrate this, we will look at two different financial ways to produce $25.5â€" million. But first â€" let‘s review Wayne‘s contract. Gretzky is 32â€"yearsâ€"old and signed a threeâ€"year contract. Therefore, at the age of 35, he will have earned his money. To be comparable, our first financial option will be over a similar 35â€"year period. Your challenge is to get your child to $25.5â€"million the way Wayne‘s dad did with his son. Nothing Runs Like a Deere® FRIDAY, OCTOBER 15, 1993 PAGE 17 (See ‘Meeting" page 18) Q.E.W. RS RD.