Clarington Digital Newspaper Collections

Canadian Statesman (Bowmanville, ON), 20 May 1992, p. 25

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

CMHC Forecasts Improved House Markets Total 'national housing starts arc forecast to reach 177,000 units this year and increase to 194,000 units in 1993 as the ecpnomy continues to recover, recover, according to Canada Mortgage and Housing Corporation's second quarter National Housing Outlook, released released today. The revised level of housing activity activity in this update is marginally lower than in CMHC's previous forecast due to the slower than expected performance performance of the economy and its impact on consumer confidence and home buying intentions. But the situation should turn around in the coming months as the economy improves and the effects of the two new national housing programs take hold. "There arc a number of positive factors currently shaping the economic economic environment," explained Gilles Proulx, Chief Economist at CMHC's Market Analysis Centre. "These include include better growth prospects abroad, a lower Canadian dollar and continuing continuing low interest rates which will gradually gradually restore consumer confidence and spending." Constniction of single-detached dwellings is expected to rise by 17 per cent to 101,000 units this year, with a further 13 per cent gain to 114,000 units in 1993. Multiple units arc expected expected to be up 9 per cent in 1992 to 76.000 units and will rise slightly to 80.000 units next year. The western provinces will post the strongest percentage increases in starts this year. In British Columbia, Saskatchewan and Manitoba starts are expected to increase by more than 27 per cent this year. Alberta won't be far behind at 22.5 per cent growth. Ontario starts will increase 24.8 per cent this year, largely prompted by government sponsored rental housing. Prince Edward Edward Island and New Brunswick housing markets will also be stronger this year. Quebec, Newfoundland and Nova Scotia will experience a decline in starts this year but will recover in 1993. Resale Activity and House Price Forecast The Canadian Statesman, Bowmanvillc, Wednesday, May 20,1992 25 The resale market is expected to benefit from the overall recovery and the eligibility of existing housing under under the two new national housing programs programs of 95 per cent lending and RRSP downpayments. Sales of existing existing homes arc expected to rise by 5.8 per cent this year and 6.6 per cent next year, a slight increase from the previous previous forecast. Average prices for existing houses are expected to be somewhat higher this year in all provinces except Ontario Ontario and Newfoundland. The average price increase will however be moderate moderate due to the stronger activity at the entry level of the market by first-time buyers and the large supply of resale units. REMAX REFLECTION 434-5222 JUST REDUCED $118,900. Lorn Scanlon This 4 beoroom nome oacks onto the Bowmanville Creek. Home has been freshly painted and new broadloom has been laid. For more • Information, call Lorn Scanlon 434-5222 4 LARGE BEDROOMS Fireplace in living room, eat-in kitchen, 3 bathrooms, finished rec room, attached garage and priced to sell. Call Lorn Scanlon 434-5222 for more information. ; ..IHUbKWt.'jnij'iiwiniF.awgmmimw nimniVffln «■lllllll III NO MORE UPKEEP 2 bedroom, maintenance free bungalow with ensuite bath, with or without Florida rooms or fireplaces, use of golf course, lawn bowling, rec centre, swimming pool. Priced from $56,900. James Bush* Ellen Bush WHY PAY RENT LIKE TO COOK? 3 bedroom renovated 1 1/2 storey, This 3 bedroom home features main floor laundry, 2 - 4 pc. baths, greenhouse kitchen with oak cabi a must at only $5,500. down. Call nets and centre island, separate now dining room and much more. MORE FOR YOUR MONEY 3 bedrooms with master ensuite, main floor family room with fire place, walkout basement with in- lâW suite Don't Beat Around the BUSH! Call James or Ellen Bush* 623-6000 or 623-8512 BUILD YOUR DREAM HOME NOW Donna Butler or BUY YOUR DREAM LOT AND BUILD YOUR HOME LATER For more information Call Donna Butler* at 623-6000. I "^F top producers f IK mm ïfiâ 111 ' ' " mm ■ - cornerstone realty ltd., realtor 104 king st. e. bowmanville 623-6000 ) 428-1206 (Toronto Line) ** Associate Brokers * Sales Representatives gets res 432-7200 Courtice Carol Hallman Double Your Service!! Call Carol Hallman* or Dianne Warren* 623-6000 24 Hr. Pager, Toronto Line 428-1206 WE'VE SOLD!!! Orchard Park 55 Little Ave Parkway Ave. 180 AlonnaSt. 129 Cavan St. 121 Martin Rd. 3 And the list goes on Dianne Warren* Adele Gres. Andrew St. Martin Rd. Fairbairn BUYING OR SELLING CALL NOW TO JOIN OUR LIST OF HAPPY CLIENTS. NEEDED! Bungalow* Bowmanville area, til 60 X 200' LOT With this pretty 3 bedroom bungalow, bungalow, fireplace in living room, main floor family/sun room with 4 skylights. skylights. Only $129,900. SPACIOUS 3 BEDROOM MOBILE Eat-in kitchen, end unit for privacy and lots of parking and only $44,900. ÉÜ :: :fT Alt Annis* THINKING GREAT VALUE- OF $122,900. This 3 bedroom semi with SELLING? new windows, shingles and flooring, across from school in north end. POWER OF SALE $159,900. 1700 sq. ft. Only 2 years old. Fireplace, central air, a must sell - Newcastle. 6 if \ i: JoAnn Jukes* mt T I ÿ : : A REAL DEAL!-$175,000. All brick 2200 sq. ft., 4 large bedrooms, bedrooms, greenhouse kitchen, 3 baths, main floor laundry and family room, C/A, upgraded broadloom, double garage. A REAL BEAUTY - $139,900. Spotless, 3 bedrooms, large bright kitch en, 2 baths, walkout to deck and ravine lot. Professional finished rec room must to see. Call today. Call today JoAnn Jukes* at 623-6000. Vlnnle Gupta* ONLY $5,000 DOWN!! Large 1650 sq. ft. 3 bedroom, 3 bath, home. Main floor family room, large lot on quiet court in Newcastle. Assumable mortgage! Only $144,900. MUST SELL! Vlnnle Gupta* 623-6000 24 Hr. Pager or 987-1709 (Res.) . i.jè v OPEN THIS SUNDAY, 1 - 4 p.m. 3 bedroom home with rec room and inground pool, custom drapes, new carpets and lots more! $164,900. Address: Lakeshore Rd. just east of Hope/Clarke Boundary Rd. Exit from Newtonville Rd. go south to Lakeshore, go east about 4 km. David Passant** SOLID BRICK Bungalow, separate dining room, newer furnace, low heat costs, high unspoiled basement, recent survey, just reduced to $104,900. Call David Passant** 623-6000 24 hr. pager $29,900. - Seasonal cottage on Lake Ontario. $85,000. - Lovely retirement home on quiet court. $87,900. - Lake Ontario access, on owned land. $129,750. - Oshawa commercial building on main street. $138,500. - 2 storey link home, finished rec room, 150' deep lot. $133,500. - 2 storey stone and stucco, 24 x 20' garage. $133,900. - 1 1/2 storey brick, 72 x 149 foot lot. $174,800. - 10 wooded acres with bungalow and small barn. list ib Paul DeJager* 10 ACRES Minutes from town, 10 minutes to Oshawa. Now only $269,900. Doug Humphrey* 1 POWER OF SALE Try an offer. Located East of Orono. Asking $151,900. Call Paul DeJager* 623-6000 or 623-2712. BUILDER'S CLEARANCE SALE $159,900-$162,000. OPEN HOUSE * - George Feddema JUST LISTED 2262 sq. ft. Great 4 bedroom, two storey home in good area of Newcastle, double garage, priced at $189,000. Tty an offer. For more information call George Feddema* at 263-4451, Remax Cornerstone 623-6000. Toronto Line 428-1206. 5-PLEX WITH GOOD INCOME In good area of Bowmanville. NEW PRICE $154, : V' - " J '"ft'*.?:.'.*..: Rod Doris** Associât* Broker WHAT A BUY OWNER TRANSFERRED- $128,900. Excellent brick bungalow on 60 x 165 foot lot in the Village of Orono. 19.27 ACRES FUTURE RESIDENTIAL DEVELOPMENT Century home with in-law suite, barn and a great view of Lake Ontario. Call Rod Doris* * 623-6000 or 987-1832 (res.) Kay Brown* EXCELLENT VALUE - $149,000. .1 Acre, country subdivision lot, raised bungalow, finished basement. Oversized double garage, inground swimming pool. Call Kay Brown* 623-6000 or 623-3150 ,/x BOWMANVILLE Beautiful 3 bedroom backsplit, 2 baths, family room and walkout to deck. Priced to soil at $149,900. Pony Klompmaker* 3,000 SO. FT. And loaded with extras. Intercom, cen tral air, 3 car garage and more. Situated on an estate lot ravine overlooking overlooking Bowmanville Creek. Asking $339,900. Please call Tony Klompmaker* 623-6000 or 263-4448 (res.) m&nmnm îsec SATURDAY AND SUNDAY, MAY 23 AND 24 1 - 3 p.m. Royal Pines Court off Mearns and Orchard Park ONLY 5 LEFT On quiet ravine court.. 3 and 4 bedrooms, 1500- 1600 sq.ft. EXPERIENCE IS ONLY THE BEGINNING ... Call Doug Humphrey** 623-6000 Remax Hall of Fame f ! k \ t*\7 Pat Hurley* BUNGALOW - DOUBLE GARAGE! Bright, clean, well decorated 3 bedroom on lot 50 x 100', excellent area, roomy kitchen, rec room all finished, $149,950. fektii.i&SsBbs.... I " 1 YOU WILL BE IMPRESSED! Huge family-sized kitchen, formal living room, 4 bedrooms, 1 1/2 baths, beautifully finished rec room with fireplace. $149,900. Pat Hurley*, B.A., 623*6000 or 623-3899 (Complimentary Market Evaluation) s\ • : • OPEN HOUSE 1936 HIGHWAY #2 SAT., MAY 23RD 1:00 - 4:00 p.m. Brick bungalow on 1/2 acre lot. In-law apt., gas furnace (1990), new drilled well, 200 amp. service. DIRECTIONS: 4th house west of Solina Rd., north side of Highway #2. Call Linda McLennan* 623-6000 SALLY STAPLES** Associate Broker 623-6000 SOLD IN JUST 2 WEEKS FANTASY HOME! Upgraded top to bottom for every living pleasure. Beautiful 10 acre treed property with house overlooking overlooking pond and stream. $429,000. !:'Jk ! 79 ACRE FARM Mostly clear - woods and stream at back of property. Traditional farm house, 2 barns with water and hydro. $284,900.

Powered by / Alimenté par VITA Toolkit
Privacy Policy