Georgetown Herald (Georgetown, ON), July 3, 1991, p. 35

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Firsttime buyers a major force THBHALTON HILLS HOMESTYLE Wednesday July IBM Page First lime home buyers have been the major force in the Toronto real estate market says a new study by Royal The Royal National Survey of Canadian Real Estate Consumers released today shows that 50 per cent of all res real estate purchases in the Greater Toronto Area the first three months of were made by first time buyers The Survey examined 66 real estate transactions over the past 18 months and compared them with annual statistics dating back to 1987 Data for Toronto shows that the percentage of first time buyers in PLUMBING SUPPLIES Acrylic Bath Shower Units Whirlpools Spas Pedestals Vanities Medicine Cabinets Since 7987786 the real estate market rose from per cent In to per cent in Through the first quarter of this year this figure has risen to 50 per cent which is the second highest such figure in Canada Only Montreal where per cent of purchasers are first time buyers is high Royal says this first time buyer phenomenon is a feature of most major cities across Canada although not to the same extent as in Toronto and Montreal Vogt Senior Vice dent for Royal in Toron to says he is not surprised The affordabihty of housing in the HERMANS Toronto area has improved significantly the past year or so Mortgage interest rates have dropped almost per cent since the beginning of 1990 House prices are down anywhere from 10 per cent to 20 per cent depen ding on location And until recently there was an abundant supply of affordably priced nous on the market Vogt pints out that the median price of homes sold in Toronto dropped throughout 1990 and now stands at just over Moreover condominiums which represent close to one in four resale homes in Metro area are even more affordable The median price of condominium apartments is currently under 000 Thirdly the Toronto commuter shed runs for Hamilton north to Bame and east to so there are always affordable homes in the Toronto region The average home in Toronto which remains Canada most ex pensive city for real estate costs 675 compared to national average of 643 The second major finding of the Survey was a trend away from in vestment in residential real estate properties SIDING SOFFITS FASCIA Aluminum and Vinyl 5 Inch Seamless Eavestrough Replacement Windows and Doors AND SPAS NOT JUST ANOTHER HOLE IN THE GROUND Custom Pools Spas Pool Renovations Coping Pa Pool Spa Maintenance Phone 7937665 or 6778163 AIRWAYS VACUUM SERVICE CLEANED A Duel Specialists Sorv Town Country WELL DRILLING omofor Cabin lling Pump Sales So 8329 or FINISH CARPENTER Inter or Exter or Custom Tr call dale at bus 7219 7211 CORES WELL DRILLING Working COMPLETE WATER SYSTEMS INSTALLED sl 8784515 KB ROOFING AND REPAIRS Interior Exterior rs Re Roofs Siding Sh ngl Soffit Fasc a CUSTOM HOMES All Phases of General Contracting Complete Homes or Basement Frame Package Labour All Material Supplied 873 6104 PLEASE LEAVE MESSAGE Representing art craft kitchens A Touch KITCHEN SHOWROOM INC I mile south of ACTON 8534577 CROSS CANADA MARKETPLACE ITSEASYONECAIL ONE BILL DOES IT ALL THINK BIG CALL THE HERALD AT 877 220 FOR DETAILS RECREATIONAL VEHICLES CAMPING TRAILERS Faldown Fifth wheal Travel Park models parts accessor Now Used Lear Aluminum Truck Caps Cons gnmsnts welcome Royal Tra V Cento Oil BUSINESS OPPORTUNITIES FACT Over aged with our fm last year Fact More people earned part lime Forma nfo LIVESTOCK Can ad an National code School tor ALL BEEF PRODUCERS July 31 Aug le Reo ndudes all meals and lodging Contact Spence 613692 3373 NOTICES YOU HAVE PSORIASIS Ca I ITCH 1 561 ITCH Med you Day Money Back Guarantee Your ad could appear In community newspapers In Ontario or right across Canada or any individual province Space LImltad so Call The Herald at 877 Today I HOME IMPROVEMENT TIPS Todays Beaver home improvement tip is about how to plant trees and shrubs Outdoor trees and shrubs are hearty plants but they will die if you don t give them enough room Step one is to dig a hole wide enough for the longest root to be laid into it without crowding Before you start to dig use a plastic or plastic sheet to pile dirt on This will save on clean up time and prevent dirt from smothering the grass where it is piled Make the hole half again as large as the diameter of the roots of the plant If the shrub is in a container the hole should be dug at least inches deeper than the root in the container Loosen the soil below the root and add a small amount of plant food Remove the plant from the container and lower rt into the hole Refill the hole loosely with soil forming a with the additional soil around the edge of the shrub at ground level to make a small basin to hold water THE COST OF GARBAGE II costs taxpayers over SI per tonne to collect and ctspose of household garbage Yard west IN THE HOUSEHOLD GARBAGE OtMr paper 30 Ota plastic metal 20 Compost food and yard waste or put it through the blender and use as food lor house plants Reuse or recycle metal cans and plastic and glass bottles buy products that are Put a NO JUNK MAIL sign on your mall box or return unwanted mad to sender

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