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. â€" Sharp drop in assisted housing Astarts pulled down Toronto ._ SR.housing starts in May 1994, according to Canada Mortgage and Housing Corporation‘s Toronto branch office. Private sector activity increased moderately this month. Housing starts totalled 1,341 units for the Toronto Census Metropolitan Area (CMA), a 27 per cent reduction from the 1,831 units recorded in May 1993. The seasonally adjusted annual rate (SAAR) for the Foronto CMA was 12,200 units in May 1994. This followed the 18,600 SAAR recorded in April 1994. T.0. housing starts, drop $269,900. Sharp 3 bths., fkden j ce $ %M n?gy |te4(]slc2batl'1s A BUILT OVERLOOKING CREEK B. NEWELL*M CONNELLY* 844â€"51 ROCKCLIFFE COURT DIâ€"NA BUILT WB May‘s housing starts included 1,035 single detached homes (9,200 SAAR), virtually unchanged from 1.038 units a year ago. But multiple unit starts tumâ€" bled to 306 units (3,000 SAAR), from 793 units a year ago. "New home sales in the Toronto area have been gathering "‘The reduced level of starts in May is an anomaly, in contrast to a recent trend of steady recovery," said Jeff Brewitt, market analyst at CHMC. "Only 22 social housing units were started in May, compared to 571 units a year ago. Looking only at private sector starts, activity was up by 5 per cent." $700,000 PLUS, seeking beautiful property in Old Oakville for cash buyer. Please call SUE TOMPKINS* 299 Lakeshore Road East, Oakville 844â€"6061 steam since last summer, due to a very attractive level of affordability. With increases in interest rates, buyers have acted quickly to take advantage of preâ€" approved mortgages, and sale have recently hit their highest levels of the 1990s. As a result, we can expect to see housing starts bounce back during the summer months," concluded Brewitt. Nationally, housing starts fell marginalâ€" ly, to 156,900 units (SAAR) from the revised 158,200 (SAAR) recorded in April. Urban starts in Ontario were 39,800 (SAAR), a nine per cent drop from April‘s total of 43,700 (SAAR). $Q75000 Charmlng %Iow in r%arde 4 bem $95,800. 2 bcimn. condo in Glen Ab to g%cpl Icentre shopplnslg /J\lern con Q(O(Fw Advertising is accepted on the condition that, in the event of a typographical error, that portion of the advertising space occupied by the erroneous item, together with a reasonable allowance for signature, will not be charged for, but the balance of the advertisement will be paid for at the applicable rate. The publisher reservas the right to categorize and reject advertising. In the event of typographical error, advertising goods or services at the wrong price, goods or services may not be sold. Advertising is merely an offer to sell and may be withdrawn at any time. Produced on behalf of the Oakville, Milton and District Real Estate Board. Oakville Real Estate The Oakville Beaver 467 Speers Rd. Oakville, Ont. 845â€"3824 975,000, Differmt,ye?, ut many. traditiona . Huge kit 2 e mo h. s age 23 acre lot, surrounded by tall trees, inground pool, change, I|:c>)t'léntyofroom %ta'fls court, immac%loa?e home, recently renovated thruout FREEKHOLD, END UNIT LAKEVIEWS $349,000. Neutré decor thr marble mld(a ic bathrooms, Irg. eatâ€"in overlooking EDNA KING* 844â€"6061 Published by: t