Oakville Newspapers

Oakville Beaver, 14 Apr 1993, p. 35

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"Affordability is the predominant con- cem of first-time buyers," says Royal LePage Senior Vice President Gino Romanese. "Last year we saw falling interest rates. government incentive pro- grams and, in several key markets. lower house prices. All these factors spurred nrst-time buyers to enter the housing According to a Royal LePage HomeMatch Survey, which analyzed the demographics of more than 50,000 Canadian home buyers, first-time buyers accounted for 37% of all homes pur- chased last year, the highest proportion in over six years. First-time buyers continue to power housing markets. The demand for afford- able housing is emphasized by a new study released by Royal LePage. First-timers power the market £710,000. 3 Large potential lots on near Appleby College . 1.4 ores. 990,000. 9 acres future devdopment of Hwy, 5, 133.756. 'p‘e'r "rriii'.' 88957060 menace him home with master retreat. " bdrms. finished nanny suite. prestigious area. $227,600. Eitiejiik%g 3-trdinr. Superb kitchen with open walk down to huge English styie family room. Immaculate. 364TCstisitriirid tfédtFpttis' siiipUfi ioairdii 4 bdnns.. modem white kit., breakfast rm Huge solarium overlooks private garden, $339,000. can iiixrw'iiiuh'ii bifar t Central mum. raised tanch, 5 I rec mom, hMwd.firs.,beautifulaart ’4 , I \: b " F it ,' , bht,p5ri'l is“: "i'r2, . ' i.t% v L' t I _ , ' 3' _ A!“ i' li, {lag , ct _ =7T""'rrt'"'--mr--s-- _ ._ > a u 5 " -.. , . , "r a . . " Ft" . " tg, 3." ‘ " - At ‘6- “x; MP, . . iWk " BEV ELUS' 844Ai061l825-1441 BILL HUMPHREYS" 844.6061 SUSAN FLYNN" 844-6061 JANE LUMBERS' 844-6061 "THE STANDARD OF EXCELLENCE" FORD O'BRIEN' 844-6061 EDNA KlNG' 844-6061 a“?! tte Another significant trend noted by the HomeMatch survey was the continuing increase in the number of single women buying homes. Last year, 23% of all the properties sold in Canada were purchased by single people. Of this total, the pro- “It appears this trend will continue this year," adds Romanese. "Right now, a great many of the 16.000 prospective buyers registered in our HomeMatch sys- tem are looking for their first home." "Although the economy and unem- ployment continue to be major deterrents to stronger markets, the increase in first- time buyers is a clear vote of confidence in the long-term future of real estate and the economy," Romanese says. market I single people. Of this total )rtion of women rose to 48.1 2stotey,4bedrxmmairirtirntyrrxrn,maOxr k2tsith'rtgrutrtdpod,emandktsdtmes,e+ spdn4ersysttrnhmtatxirearyartsamauernat'caty txxttalettmuthrrtumrnae. Chrltrtissthiiate. tieeWnvey0utnde house,wesswtat,ht $349,700f StUnniri§ ' Barn-1f 'cdifdo as solarium, 2 full baths. Fabulous water view. Exclusive listing, please call. bed W 299 LAKESHOBE ROAD EAST, OAKVILLE 844-6061 BEV ELLIS' 844<061l825-1441 HOME OF THE WEEK J0H?slS",LC,2,tyl,,.e,c DANIEL mam As Ci ’Salu Representative It women of all the aurchased ' the oro- n LIMITED . REALTOR aned non: survey: Condominiums are most popular in Vancouver, where they account for 40% of the market. Condominiums also repre- sent over 20% of all transactions in Edmonton. Toronto, and Ottawa. tinuation of the trend of recent years. In several cities, including Vancouver, Calgary, Toronto, and Ottawa, single female buyers now outnumber single males. $259,900. Old Oakville - lovely garden Large family room & fireplace, 2 full baths 3 bedrooms. A MUST SEE. Other highlights of the Royal LePage BEV ELLIS' 844.606Mt2S1441 ANN SINGLEH0RST' 844-6061 SabesRtpesentathm JANE LUMBER? 8444i0til GREG KEWLEW 844-6061 nu I - "Associzte Broker B Rw Royal LePage is Canada's leading full-service real estate company, with close to 1l,000 employees and represen- tatives in approximately 470 residential, commercial and associate broker offices in Canada. Saskatchewan and Hamilton. 31% of buyers in Regina and 30% in both Saskatoon and Hamilton were under the age of 30 years. Nationally, 21% of buy- ers were under 30. Single-family detached homes contin- ue to be the most popular type of proper- ty, accounting for 70% of all homes sold in Canada last year. The Royal LePage survey, the largest ongoing study of the demographics of real estate consumers in Canada, has been conducted annually since 1986. Sting down at the bottom of Reynolds St. by lake, this centuf?! home is steeped in history, 5 bdrms., 0 Ice. Asking $699,000. Oakville $3§9T000f FErioikairdn “a "rissionitEri%ur expemse? Lovely prop. dose to dwntwn.. large kt bolt late 1800's. 2 storey Iiv. rm. EDNA KING. 844-6061 19,900? BuikfyduiHrahrh6rik in a mic area, vacant lot Southeast tk 79, BILL HUMPHREYS" 844-6061 Be MO CONNELLW 844-6061 XX amty EDNA KING' 844-6061 EDNA KING' 8446(51 adiiisif- 'siitreiart'""-"riew Ideal for horse lovers or ream thru property. Mn. Very pity. pmpetty per- ms, hrgedinng room. til/ij. Ft m

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