The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

PARADE OF HOMES HALTON HILLS AREA By MACK PARLIAMENT Director of Publication Canadian Ileal Estate Association While it is customary to look ahead in anticipation of fulfilment of dreams It is ad vi sable to look back overone shoulder now and then to see if what has been accomplished In the past warrants optimism about the future The statement is as applicable to housing as any other unfulfilled dream or aspiration And a review of the accomplishments of Canada and Canadians in the housing field gives one ammunition to be optimistic about the in this country For unlike European countries Canada has produced more than per cent of its present housing stock since Or to put it another way less thin per cent of all housing of all is rofe fin vents Even more striking is the fact that more than per cent of all the housing has been built since 1945 and that more than a quarterof it has the last decade The happy result is that Canada boasts a great diversify of housing of all types of all ages and of all sizes with the total no exceeding million units This is a far cry from 1920 when the grandparents of today generation of tenants and homeowners occupied only 350 housing units from the Atlantic to the Pacific In our provinces there were fewer than homes and only Ontario and Quebec had more than Of course the population has undergone a remarkable change since 1920 when there were only 8 persons occupying the country 3 8 million square miles Boosted by migration this had more than doubled by I960 by which time the number of housing units had also almost doubled The country present population is just over 23 million Industrialization fostered new em opportunities and aided by heavy foreign investment new mining frontiers were opened new oil fields developed and vast hydro electric projects initiated The St Lawrence Seaway long an unfulfilled dream became a reality Dooming economy accompanied by a high standard of living became accepted as the norm Since then there have been some remarkable changes for the worse Growth in the economy has slowed and unemployment has tt peak since the Great Depression Inflation has grown from a minor inconvenience mlq an ugly monster which even the omnipotent Ann Inflation Board can t tame Some people now believe it wont be overcome within their lifetimes The labor unions have become even more powerful and have been able to win Inflationary wage settlements and disrupt the economy Government hove not only intervened more and more in the economy and the lives of individuals but have also grown in strength There are now more than 1 persons on their payrolls Vet through violent swings in the cycle high unemployment inflation and other difficulties housing construction has moved steadily forward to the point where it is generally are among the best housed people in the best housed people on earth Average weekly earnings In for in stance were 78 This spring average weekly earnings were and climbing In the average existing home had a price tag of 14 125 while the average price of a new house financed under the Housing was Although wages more than tripled so did the price of houses Today however there are some units both existing and new which are marketed at less than the corresponding gain in wages At the same time there are others above that figure In short there Is a wide range of prices just as there is a wide range of housing types and styles Over past year the scales have been tipped more favorably in the direction of the home owner Interest rates have fallen from a high of 12U per cent to per cent The price of existing housing rose about per cent during the month ending in March However this was below the corresponding increase in average wages and inflation The latter rose 7 per cent during the same period The number of properties listed lor sale through the Multiple Listing Service MLS the first quarter of 1977 was per cent higher than in the corresponding period a year earlier On the new home scene there was a surplus of unsold units on the market at the end of last year One study estimated there was a years supply of empty new housing units in Ontario which should keep prices in line Blair Jackson executive vice president of the Canadian Real Estate Association echoed this view on a national basis in the rele field A buyers market exists he said with a greater variety and selection for to choose from with prices actually a better value than at this time a year ago Yes statistically at last Canadians have very right lo be optimistic about future as suggested earlier If can match the level of accomplishment of Ihe past there is every reason to believe the steadily growing benefits of being a Canadian will continue not only in housing but in other aspects of the good life II must be remembered however that per cent he population did not become home owners without some financial sacrifice Neither will ihe remaining 40 per cent if home ownership Is their goal December Page a REAL ESTATE LTD POLZLER 4538454 REDDOT REALTY LTD REALTOR TORONTO CHRISTMAS IN THE Snuggle up this large sol on one acre Lois of room lo plus a storey barn 10 keep them Mike will show you this bargain COZY PICTURE Sitting by fireplace with Christmas Iras light reflecting Thai can be your It you buy this 3 bedroom Avon Model located on quid court home has a largo living and room th In appliances In eat In kitchen The yard is completely lor your privacy Call Susan for your personal Inspection Priced soil in the HOT Landscaped i acre edge of Georgetown bedrooms garage walkout basement Steal asking Calf Reg Cooper SURPRISE CHRISTMAS PACKAGE It loo big wrap but let help you give your torn this lovely bedroom home to the whole year on on extra large lot In Glen Williams and priced to soil In the low B77 VILLAGE I maintenance home complete w eplant Lot potential no ceyl Rig Cooper GOING GOING Make I gone If you are looking home In the vary low probably your very best buy bedrooms this I I replace separate dining room and I ng room and everything BIG Let lob or prove It to you THINK SUMMER Why fight truffle next summer when you can have of beach right In your own backyard Spotless bedroom brick bungalow located close to all conveniences on a large lot in town This home has been finished period Ion and Is ready lor immediate occupancy Call Susan now Priced to sell UNDER MINUTES TO CITY CENTRE On country acre with outs main floor family room with fireplace big kitchen room to cook AND cat and Ihe living room dining room super large bedrooms Bob OtHvler QUIET CRESCENT LOCATION This bedroom bungalow has It all finished Play room w ne large lot Plus en garage Call to home NEW YEAR SPECIAL Ml WO Lovely brick bungalow has big kllchen with walkout to deck and profess on ally f nished room eon Don t delay call now U FIRST Located Lafgeeat In kitchen separate dining and living room Celt Susan Carrier BEST OF BOTH WORLDS Country out to fleck Moor 10 celling brick fireplace acre lot beautifully land scaped Call Trudy mmons INVEST YOUR FUTURE Start your properly almost sq fl apartments upstairs Low Bob Oil vier LIVING WITH IN LAWS Now get a I your own at a low price Only monthly 3 I Trudy IT NO USE CRYING You hod your buy an excellent acre parcel only miles to Georgetown Reasonably priced Call Ren Cooper TOO Start the nc year In a home or your own walk out from dining room to private yard Sli Finn Manager Susan Carrier Tilhe Harvey 8779550 Bob Olhvier Put a smile on your fawn Tim Harvey Mississauga Michael Adams Reg Cooper Trudy Simmons