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Strong new home sales * pace continues ~Where were 1,288 new homes sold in the Greater Toronto Area during â€" BR May, 1994, an increase of 52 per cent over the 850 homes sold in May, 1993, according to the Greater Toronto Home Builders‘ Association. May‘s news home sales were down 38 per cent from April, 1994, in part a reflection of the recent increases in mortâ€" gage rats but moreso a reflection of norâ€" mal seasonal cycles. Between 1991 and 1994, sales have decreased 29 per cent on average from April to May. GTHBA president Peter Langer, attributed May‘s positive result to the excellent value being offered by builders in terms of both price and features. "Many builders are offering valuable incentives including mortgage buydowns, which has mitigated the effect of the recent increases in mortgage rates," he said. "This is the eighth consecutive month in which monthly sales have exceeded the same month in the previous year," Langer noted. "Throughout this period, the solid market performance has been based on excellent affordability." "We are dealing with a very patient and sophisticated buyer today â€" they have done their homework and they recâ€" ognize good value. As long as builder can continue to offer reasonable prices and excellent quality, we expect the market to remain relatively strong. It is clear, howâ€" ever, that the consumer is not willing to accept substantial increases in price," Langer added. Housing Data Report )HDR), prepared by PMA Group (Brethour Research) for the GTHBA, stated that May new home sales consisted of 909 freehold homes (71 pre cent) and 379 condominiums (29 per cent). remain relatively strong. It is clear, however, that the consumer is not willing to accept substantial increases. in pnce, Langer added. Housing Data Report )HDR), prepared by PMA Group (Brethour Research) for the GTHBA, stated that May new home sales consisted of 909 freehold homes (71 pre cent) and 379â€"condominiums (29 per L Nothing touches your heart as deeply as the innocent face of a child. RE/MAX is proud to be a fundraiser for Sick Children‘s Hospital and official sponsor of the Children‘s Miracle Network. RE/MAX Aboutowne professionals are putting smiles on the faces of ill children, by donating a portion of every transaction for the year 1994, to Sick Children‘s Hospital. It‘s our way of giving a little back to this great region, and being a part in making miracles happen. RE/MAX is the exclusive International Real Estate Sponsor of the Children‘s Miracle Network. Sales Representatives of RE/MAX Aboutowne Realty Corporation, are making a difference through their involvement, in the Miracle Homes Campaign. To date participants from Remax Aboutowne have raised in excess of $27,000 Look for the Children‘s Miracle Network logo! When you sell or buy your home with the RE/MAX participating professional, they will pledge a portion of their comâ€" mission per closing, donating it to the Children‘s Miracle Network on behalf of their client. The money pledged or donated to CMN is returned to our region where it will benefit children locally. CMN represents more than 160 Hospitals throughout Northâ€" America. 384 children in Halton, were admitted to Sick Children‘s Hospital in 1993. In Canada, more than 8,100 RE/MAX Brokersâ€"Owners, and Sales Representatives, conâ€" tributed $850,000 to 12 hospitals across the country. \wATCR A To the Brokers/Owners and participating Sales Representatives of Remax Aboutowne 418â€"2 North Service Road East (827â€"7000) and 67 Lakeshore Road West (338â€"9000) After a swim, one could take a leisurely stroll by the lake through Coronation Park, which along with such amenities as a high school, Appleby College and a public library, is within walking distance of this great home. The interior gives a comfortable spacious feeling. The more formal upper level has a roomy lounge with a floor to ceiling stone fireplace. The lower level has a more informal tone. The family room with brick fireplace provides a cosy place to spend ‘quality time‘. Through double glass doors is the large recreation room with a wet bar. The asking price is $328,000. For more information, call Rina Hoffman, Sales Representative with Royal LePage Real Estate Services Ltd., 825â€" 1171/333â€"4955. ""%he backyard of this twoâ€"storey home is ‘â€" guarded by tenâ€"foot cedars, which proâ€" k. vide great pnvacy when you‘re cooling off in the swimming pool. JFm' Carmo Eamioh %}i For Caring Enough.. " To Share i” on Enta®