Oakville Newspapers

Oakville Beaver, 3 Nov 1993, p. 47

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more than 10%, from $295,000 to $265,000. Therefore, the bungalow owner would be looking at a cost of $70,000 to move-up, down from $85,000 in the previous year. In 1989, the move-up cost would have been $139,000. "That's a 50% reduction in of moving-up," says Romanese In South Etobicoke, the p detached bungalow has risen 2 $155,000 to $159,000. An e (Continued from page Cost of 'moving-up' decreasing reduction in the price of a 2.6% from executive cost detached 2-storey home has dropped just over 9%, falling from $220,000 to $200,000. The move-up cost for a bun- galow owner is now $41,000, compared with $65,000 last year. North Toronto, which is one of the most stable areas in the city, has seen the price of a detached bungalow hold steady at $280,000, while the price of an executive detached 2-storey has dropped 2% to $485,000. The costs associated with moving-up would be $205,000, S10,000 less than last year. m D J)

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