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I •::ÿ : W «i ^ s| IIHII ^ljlljllll& ||s:ipps|i|li îï:^: : \':<< : :-:'. : .-' : '^y : y : " : :'y v^AiSfe' :iâ3Sÿx#ÏXx@ : -: *&:?&•% :•;: ■'.vKv:v:vy.v i ■ •:■:■> ^ .*•» -;r« - j ilmÉ ^ X. ,'®te 11 vv $ s : .s mm mmm ÜH WMËÊÈm Serving More Than 18,000 Homes in The Town of Newcastle ^khmmmé L ' :.: w«wS mm Wmm mmm mmMM ■Vy*i>ïiï&r 1992 Report Looking Good For Realtors Residential homes sold in the Durham Region by local realtors for 1992 totalled 5,737. This number surpasses the 1991 total of 5,627, according to the Oshawa and District Real Estate Board (ODREB). The average price has dropped more than five per cent for the year. In spite of the increase in sales, the average residential home price for 1992 dropped to $144,413, considerably considerably lower than $152,747 for 1991. The economy took its toll on many sectors over the year, but with the government plans being implemented, implemented, first-time home buyers entered entered into home ownership with a sense of security. , , Immediate Past President of ODREB, Mark Smith, says: "Due to the housing plans implemented in 1992, such as the five per cent down payment plan offered by the Canadian Canadian Mortgage and Housing Corporation Corporation and the Mortgage Insurance Company of Canada and the Home Buyers' Plan offered by the federal government, more houses were sold. And, due to the economy, they were sold at an astonishingly lower average, average, price than last year. "A reason why the market looked so appealing this year is because over the summer, hpusing prices were as low as five years ago, and people knew it was time to dive into home ownership or trade-up starter homes," adds Mr. Smith. The market was uplifted in November November due to the General Motors announcement that the Oshawa plant had escaped closing arid the announcement by Finance Minister Mazankowski regarding the extension extension of the Home Buyers' Plan. The government's extension to this plan is expressing that view that home ownership is fundamental to the economic economic recovery. "1992-was a good year for real estate and homeowners, and a good year to improve our sense of securi- Henry Waszczuk, co-host of the Canadian Sportfishing television television show (left) and Len Richardson, manager of Moynes Ford Autobody, congratulate a very happy Duane Harrison (right) of Newcastle. Duane was the Grand Prize winner of the BASF Solid Gold Auto Paint Guarantee Contest. His prize consists consists of an $18,000 Getaway of a Lifetime in the Queen Charlotte Charlotte Islands, British Columbia. (See story on page two). EOS General Motors of Canada deal- tistics represent GM's best Decern w ers sold a total of 30,557 vehicles in ber results for both cars and trucks sonal financial situations and are December -- an increase of 47 per since 1988. more inclined to spend on big ticket cent over December of 1991. Passemrer car sales rose 34 9 ner items - December results are a very vim LU m.uiuvc uui sui.se ul suuun- This is the third consecutive 19 g 481 units wh ii e tmêk de- encouraging sign as we move into tv and hone for the future savs Mr monthl y increase over totals from • j' i b ( j 53 ' 6 cent from 1993," Mr. Mason said. Smith. ^ the previous year and ihe latest sta- ^"be r jgfl fevi? to X1 ,OT6 onl ^ r ^üv% to efont feeling a little better about their per- retta, Pontiac Grand Am, Oldsmo- * - • ' -- ---- -- A -- bile Achieva and Buick Skylark. 'Ti/ee&ettcC&v units. Combined deliveries of those models models rose to 3,956 units, outpacing December 1991 sales by almost 200 per cent. Chevrolet Cavalier retained its title title as the number one selling car in Canada for the third consecutive cal- * * Graham's IGA' Canadian Tire' M & M Meats* ('indicates partial distribution) For information about inserting flyers in TOee&eHd&t, please contact our office at 623-3303 my and compact segments -- the Tom Mason, GM Canada's vice heart of the domestic market -- but endar year, president of marketing, attributed also in the higher end as GM eus- GM truck sales were strong the December sales rise to "aggres- tomers are purchasing larger and across the board, with deliveries of sive marketing by GM dealers, an more luxurious models." Oshawa-built full-size Chevrolet excellent product lineup represent- Sales of GM's Pontiac Bonne- and GMC C/K series regular cab ing great value for customers and ville, Oldsmobile Eighty-Eight and and extended cab pickups more than customer-focused features such as Buick LeSabre models rose a com- doubling to 4,534 units from a year the new 24-hour roadside assistance bined 63 per cent to 2,085 units dur- ago. GM compact van sales - Chcv- program for 1993 model vehicles." ing December. . . rolet Astro and Lumina APV, Pond ra ch-pniriheninp economic recov- Continued strength in the com- ac Trans Sport and GMC Safari - KKS-cenx: ssjgr -- ■