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fai _'j"is",ir/ui' K . CSN"' o N N _ _ 'si' s"isiiiii"1N" REALWCORP . 9 Ad "We had three major snowfalls last month and plenty of unusually cold weath- er," he adds. "That can be a tremendous deterrent to potential purchasers of area homes. We can probably expect sales to increase again over the next month or two "Compared to January, February was a fairly successful month," notes OMDREB president Richard Weima. "We can't call it a 'record-setter', but if the upward trend continues, we should see a steady spring market this year. The February blues hit a solid note last month with figures from Oakville, Milton and District Real Estate Board (OMDREB) showing the dollar volume of sales was up 57% over January to a total of $31.3 mil- lion The suggestion has been made in some quarters that economic conditions of the past few years are moving real estate into a more "traditional" pattern characterized by steady sales and stable prices - a change from the very volatile conditions that marked much of the 1980s. vate people to buy and sell and "it's quite feasible that people are watching the inter- est rates and gauging their actions accord- ingly." recorded one year ago, he notes that a vari etv of reasons and circumstances can moti Interest rates continued to fall through- out February. A sign Weima classifies as "extremely positive" for vendors and pur- chasers of houses in the Oakville/Milton area. Although last month's dollar sales volume 38 than th tot a] "This continues to be an interesting year in real estate," he adds. "We're into a much calmer climate marked by high levels of consumer caution and deliberation and that's probably a good thing for all con- cemed." aspects of local market conditions, and they have access to the most up-to-date sales information available. They can help vendors determine an appropriate selling price for their property, and they can help prospective purchasers find and buy an appropriate house in the neighborhood of their choice." "Everyone benefits from a stable mar- ket," Weima adds. "Obviously, we'd all love to make a dramatic return on our real estate investments, but selling and buying in a steady market is good insurance against the uncertainty of wild fluctuations. Our members are well-versed in all