Oakville Beaver, 6 Jul 1994, p. 38

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For 'informohon' regarding _ recent eimprovements upgrades call LILWAN «@ SMITH 842â€"7000. @ Desirable _ Southeast, _ situated _ on @ exceptionally large, mature pieâ€"shaped lot with ingrd. pool â€" spacious 4â€"bdmn. 4â€"evel. ncouver ‘s averâ€" F _ age price for a new single home will hit a record of $480,000 in 1994, almost six times higher than the nation‘s lowâ€" est average price of $81,000 in Chicoutimi. peimiado pup pat Ajuepuedepyj Record housing prices in Vancouver OAKVILLE COUNTRY IN ToOwn; SNELGROVE 842â€"7000. 3â€"bdrm. on .52 acres, new windows, new roof, new kit. C/A, F/P. A rare find. $199,000. RALPH SNELGROVE 842â€"7000. Executive home â€" immac. on true ravine. Large master with ensuite, large kit., open to faom. rm. F/P, C/A, heated goar, auto. sprinker lus, plus Walk to Lake. H SNELGROVE 842â€"7000. The forecast Markets, which reports on the housing markets in Canada‘s largâ€" er urban centres. of average house prices was released recently as part of Canada Mortgage and Corporation‘s RALPH SNELGROVE Sales Rep. 418â€"2 North Service Rd. E. 3â€"bdrm, 2â€"storey, 3 baths, F/P, W/O to trees ravine, garage, immed. poss. $169,000. RALPH 3â€"bdrm. bungalow, fin. base. with woodstove, large kitchen, inground pool. Asking $169,000. Bank wants it sold RALPH SNELGROVE 842â€"7000. Bronte one bdrm. condo in good condition â€" one block from Lake. $79,000. Bank wants it sold. RALPH SNELGROVE 842â€" The 1994 forecast of major markets also shows most cenâ€" V a nc o u ver, $368,000 versus the lowest averâ€" age price: of $73,500 in Troisâ€" Rivieres. For resale homes, the highâ€" est average price will also be in "Sales of existing homes will recover only two ~â€"perâ€"â€"cent after dropping eight per cent in 1993," says Daniel Guerrette, tres will continue to struggle to pull out of the downturn which started in the early 1990s. Guerrette added that housâ€" ing starts will continue to slip across _ major urban markets, although they will decline by only one per cent this year, comâ€" pared to a drop of eight per cent in 1993. this difâ€" fers from senior market analyst for local markets at CMHC‘s Market Analysis Centre. Won‘t last â€" updated bungalow with white kitchen, hardwood floors, super deck tree house, detached garage, central air finished lower level with fireplace. Call LINDA or IAN DARROCH 842â€"7000. FABULOUS 187 FT. Housing Outlook (NHO), which forecasts a one per cent upturn in starts nationalâ€" ly, due to faster growth in smallâ€" er towns and cities. Starts will decline in the major centres because of a drop in rental construction. The bulk of the decline is in CALL Ian or Linda 4182 North Service Rd. E. demand in many midâ€"sized central Canadian marâ€" kets. Stronger demand resulting from faster e m ploy me n t growth is the key factor in the folâ€" Meanwhile, resale activity will rise as a result of urban centres west of Regina which will see a combined drop of 11 per cent. e The study shows grow home buyers could not have purchased a home "if â€" this product had not been available, and that their housing needs can be addressed without federal or provincial g o vernm e n t assistance. Housing Markets also features an article on "grow home" buyers in the * Montreal area. Grow homes are small units which offer a solution to urban affordability p r o b l e m s through the ecoâ€" nomical use of land and materiâ€" als and through low maintenance costs. In Toronto, starts will rise 10 per cent after falling 25 per cent in 1993. the upturn in Toronto and other centres is being moderated by the recent rise in interest rates. lowing markets: S herbr o 0 k e (resales to rise 18 per ceént). Sudbury (13 per cent), and Windsor (8 per cent). This edition of

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