Oakville Beaver, 13 Jul 1994, p. 38

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Buyer confidence aids nation‘s housing markets ~Â¥ rowing consumer confidence, Grecord low mortgage rates, and government incentive programs had a significant impact on housing marâ€" kets across the country during the first quarter, according to the Spring 1994 issue of the Royal LePage Survey of Canadian House Prices. 3 bedrooms, den, fam. rm. w/fireplace, rec. rm. Many upgrades, fenced garden. Easy access to QEW, 403. BUD FARRIS* Lovely wrap around deck off fam. rm. master bdrm. Mature lot, gardens, walk to lake, downtown or GO train BUD FARRIS* 3 bedrooms, updated eatâ€"in kitchen. Bath w/whirlpoo! tub. Central air. Near schools, lake, shopping transit BUD FARRIS* 3+ 1 barm., Lâ€"shaped rec. rm. with gas wood fireâ€" places. Fenced. Near public, separate, high schools. BUD FARRIS* $239,900 NEAT AND SPACIOUS $175,500 4 LEVEL BACKSPLIT $155,000 GREAT POTENTIAL! $519,000 GARDEN PARTY? "The floodgates of housing activity opened in January and continued unabated until late March," says Royal LePage senior vice president, Bernie Vogt. "Together with attractive house prices in most major centres, these factors proved to be an irresistible combination for the homeâ€"buying public. Firstâ€"time buyers Lovely fin. basement in pinge. 2 bathrms., sep. entrance w/o from din. rm. to 2â€"tiered deck. Pine kitchen. PAT (HAT) TAPIA* Backs onto park. 2,560 sq. ft. Upgraded. Circular stairs to basement, C/Air, High emmencrlfurnaw all appl. PAT AD $214,500 N.E. OAKVILLE + POOL 2 bathrooms, 2 walkouts to pool. Oversize master + 2 bdrms. Converted garage to large bdrm.,/office/fam. rm PAT (HAT) TAPIA* Don‘t miss this opportunity. Low price, low interest rates still available. Ravine end unit, needs painting. (HAT) TAPIA* $179,900 RAVINE SETTING $255,000 RENT OR BUY $99,900 RENT OR BUY Even the spike in mortgage rates in midâ€"March prompted a flurry of activity as consumers jumped into the market to take advantage of rates while they were still low. A short lull followed in several marâ€" kets which allowed consumers to catch their breath after an unprecedented first quarter of activity. "Despite recent fluctuations in both interest rates and the dollar, the second quarter of the year is expected to be were largely responsible for the uptick in activity although the tradeâ€"up market, purâ€" chasers moving into larger homes or better neighborhoods, appears to be on the ascent. Many moveâ€"up buyers entered markets to take advantage of RRSP access before the deadline. After March 1, the program was made available to firstâ€"time buyers only." Glen Abbey relocation. Premium lot size + 10 rms. + 2 full ensuite baths + quality ceramics, hdwd. firs., Florida lighting. =1416 Stonecutter Dr. BERNETIA HOTRUM®* 844â€"2950/825â€"8945. NEARLY NEW! MAKE AN OFFER! Freestanding bldg. 1,000 sq. ft, 2â€"car parking. Excellent location. Adjacent property also for sale. Call BEVERLY RANKIN 844â€"2950/827â€"6839. Gracious bung. sits on a lot 130‘x60‘. Mn. fir. fam. m., 3 bdrms. 2 FPs. Hdwd. firs. The billiard table st fool Ccll IOLA BUTâ€" TERY** 844â€"2950/ Commer location with 5â€"car parking. _ Opposite parking garage. Vacant posâ€" Retail/office/residential. Vacant possesâ€" session. BEV RANKIN 844â€"2950/827â€"6839. sion. BEV RANKIN 844â€"2950/827â€"6839. Charming bung. near shopping/schools, has sep. din. m. 2 bdrms. on main fir. plus 2 more badrms. on LL. Mature private lot. BEVERLY RANKIN 844â€"2950/827â€"6839. «NC Th Have a custom built home. Lot 100‘x150‘. Linbrook Rd. $300,000. IOLA BUTTERY** 844â€"2950/844â€"4611. "USE YOUR OWN IDEAS" Prime commer Lakeshore Rd. location. 3 stores 2 apartments. BEV RANKIN has ztér:\slqey further details. 844â€"2950/827â€" $309,900. Near St. Mildred‘s. Immaculate! Hardwood, new fumace, 2 yr. roof. Call IOLA BUTTERY** 844â€"2950/844â€"4611. " PW TR P N TR GOTV T William St. "Rose Coftage", pickef fence. Lot 104‘x104", 4 bdrms. 10‘ ceilings. Circa 1856. South of Lakeshore. IOLA BUTTERY** 844â€"2950/844â€"4611. Impeccable 3â€"bdrm. _ townhouse. Fronting quiet spur, backing 2â€"storey detached dwellings. $143,200. CLIFFORD DEATHE 844â€"2950/827â€"4587. Although most areas reported little or no change in housing values, there were several that experienced significant increases. For instance, in Tsawwassen,. B.C., the price of a standard condominium apartment rose over 11 per cent, rising from $140,000 one year ago to $162,000 in April, 1994. healthy," says Vogt. "Housing market conâ€" ditions are still ideal for consumers. Mortgage rates are at their lowest level in years and an increase of a percentage point or two is unlikely to deter activity. Prices in most Canadian centres have been relaâ€" tively stable over the past year. For the most part, these factors signal a continuaâ€" tion of steady housing activity for the remainder of the year." (See ‘Consumers‘, page 14)

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